Tuesday, 04 May 2021 07:33

Ministry of Finance collected US$222 million more in Income Tax than last year

Written by Alondra Gutiérrez

The minister of Finance, Alejandro Zelaya, confirmed the increase in Income Tax collection, compared to last year.

Previously, the minister of Finance had informed that as of April 25th, they had received 461,000 Income Tax returns, which represents a significant advance of 82%.

After that, today he informed that for 2021 the Income Tax collection had an increase of US$222 million.

Likewise, the minister highlighted that this increase is the result of the good work executed in relation to the strategies against evasion and that they are giving the expected result since they are being planned in the right way.

In addition, they are a reflection of the commitment of taxpayers and private enterprise with the progress of the country, since it is the fundamental pillar that the State has to obtain the resources and execute the works and thus boost the movement of the economy.

"We are very pleased with the work that the revenue team has been doing with respect to the collection of the Income Tax, it has been exhausting and we will continue to support the other collection strategies, as there are other contributions that are also consigned to the general budget of the nation and are necessary to comply with all the programs and projects that we will execute", said the minister of Finance.