Tax collection falls 0.9% in the third quarter of 2020: SAT

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By CAPosts 26 October, 2020 - 10:48pm 30 views

Mexico City . The Tax Administration Service (SAT) reported that at the end of the third quarter of the year, revenues reached an amount of two trillion 505 thousand 151 million pesos, a figure that in real terms, already discounting the effects of inflation, is 0.9 percent below those observed in the same period of the previous year when two trillion 445 thousand 508 million pesos were reached

© Provided by La Jornada The head of the SAT, Raquel Buenrostro, said that this fall is due to the pandemic . Photo Cristina Rodríguez / Archivo

With this amount collected, the agency reaches an advance of 94 percent with respect to the goal established in the Federal Income Law (LIF) of two trillion 657 thousand 509 million pesos.

In conference of By remote press, the head of the agency, Raquel Buenrostro, attributed the marginal drop in collection to the effects of the health crisis that affected economic activity. However, he stressed that the fall was not so strong due to collection efficiency

The Income Tax (ISR) reached one trillion 345 thousand 513 million pesos, which meant an increase of 0.2 percent, while the Tax Value Added (VAT) stood at 719 thousand 943 million pesos, that is, a decrease of 0.2 percent.

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In the case of the Special Tax on Production and Services (IEPS), it fell 3.7 percent to 343,110 million, while the worst fall was observed in Foreign Trade Taxes (ICE) with a collapse of 15.6 percent to 42 thousand 856 million

In the category of accessory taxes, which includes fines and surcharges, increased by 42 percent to 44 thousand 926 million and others fell 24.7 percent to 8 thousand 804 million pesos.

Accompanied by Luis Abel Romero López, general administrator of Revenue; Juan Pablo de Botton Falcón, general administrator of planning and Antonio Martínez Dagnino, general administrator of Large Taxpayers, Buenrostro, highlighted when referring to the fight against corruption, that between January and September 2020, 47 complaints were filed before the Attorney General's Office of the Republic (FGR) against public servants, which represented an increase of 132 percent compared to the same period of 2019.

Of the public servants reported, 48 correspond to the General Administration of Customs (AGA), that is, 55 per One hundred of the officials denounced, denounced.