Thursday, March 30, 2023

Internal Taxes collect more than RD$52.8 billion in February

The General Directorate of Internal Taxes (DGII) reported that the collection for February 2023 amounted to RD$52,819.3 million, for 102.5% compliance with respect to the original estimate for the period.

For that month, a collection of RD$51,518.2 had been foreseen, for which reason RD$301.1 million entered the treasury above the estimate. In relation to February 2022 when RD$45,288 million were collected, a growth of RD$7,531.3 million was registered.

So far this year, the DGII has collected RD$118,544.4 million for a growth of 15.7% compared to the same period in 2022, when RD$102,474.3 million entered. Internal Revenue collections have remained positive for 30 consecutive months.

The contribution of the DGII to the State income in the month of February represents 72% among the collecting entities.

Taxes that grew the most

Of the taxes that grew the most during the month of February is the Corporate Income Tax and Taxes on Assets, which increased by 36.3%, going from RD$6,953 million in 2022 to RD$9,475 million.

In second place is the Personal Income Tax, which grew by 26.3% when it went from RD$6,769.3 million to RD$8,550.3 million.

In third place, the Tax on Transfers of Industrialized Goods and Services (ITBIS) was located, which from RD$11,723.7 million generated in February 2022 grew to RD$14,380 million in February 2023 for a positive variation of 22.7%.


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