Tax collection from last January to April reached Q32 821.2 million, Q3340.1 million more than the goal of the program itself. Government for the first part of the year (Q29 481.1 million).
The total net income in the aforementioned period has experienced a positive gap with respect to the forecasts in the budget, according to a report prepared by the Fiscal Policy and Analysis Directorate of the Ministry of Public Finance (minfin).
The state only received Q9839.8 million in the fourth month of the year, Q1252.6 million higher than the projected Q8587.2 million, according to the study.
In April, it was expected that the first quarter of the tax payment (ISR), the government’s earnings from profitable activities, and the second quarter of the solidarity tax (ISO) would leave together Q4157.0 million.
However, “the issue of Q5277.1 million, with which a positive gap of Q1120.1 million was generated,” reads the document.
Expectations
It is expected by the end of the financial year 2023, considering the efforts of the Superintendent of Tax Administration (Sat), which constantly promotes the reduction of non-compliant spaces, reaches at least Q86 247.6 million, which correspond to the compliance set, the analysis highlights.
However, “according to what happened as of April and under the scenario of full compliance with the proposed budget for the rest of the year, the event can be done around December 2023.
sestertius Q89 587.7; that is, from May to December, the goal was met by 100 percent, to which is added the observed collection that includes a positive gap to April for Q3340.1 million”, concludes the Minfin report.
📊 Te compartimos los resultados del #COINCON durante el mes de abril 2023. pic.twitter.com/SKIihrUCit
— SAT Guatemala (@SATGT) May 17, 2023
