DGI admits that it will collect less than the budget

Although the General Administration for Revenues (DGI), Ministry of Economy and Finance (MEE), plans to achieve a higher collection for this year 2023, between 10% and 12% of those collected in the fiscal period 2022, the figure would not reach the budget.

Publio De Gracia, Director of DGI, he pointed out that the current collection goal is 10,500 million dollars, but its achievement will depend on the dynamics of the economy, the creation of jobs and the opening of new companies. As well as paying debts with state tax.

De Gracia thanked everyone taxpayers that by the end of April and the beginning of May they made a profit and loss calculation, noting that there was an increase between natural and legal persons this year compared to 2022, 9% more for natural persons and 10% for legal persons.

However, he said that “there was a significant difference in what we planned, and we are in talks with the Tax Studies Department, because some economic phenomena affected the collection and income statement presentation in the first four months of the year.

It should be noted that Income tax It is the most important collection that the country has.

The official highlighted the contributions that will go into the state with the payment of 375 million dollars of the mining project, which was not foreseen in the budget, there was also a significant increase of almost 35,000 taxpayers who already use an electronic account.

In addition, four banks are already using it Electronic invoiceThey already offer this to their account holders.

The director of DGI announced that very soon, at the end of July, the company of Colon-free zone in different stages of implementation, which will guarantee that most economic activities use electronic invoicing.