On August 8, 2021, the General Directorate of Internal Taxes informed about the collections of July 2021.
1. Collections of july 2021
The DGII (Dirección General de Impuestos Internos – General Directorate of Internal Taxes) reported that collections of July reached RD$59,729.9 million, equivalent to RD$21,910.4 million more than estimated for compliance of 157% in this period. For July, RD$37,819.5 million in tax revenues were estimated.
2. Collection from january to july
The accumulated total from January to July amounts to RD$358,669.2 million, which is equivalent to RD$75,196.7 million more than the estimated RD$283,472.5 million and compliance of 126.5 percent during the first half of the year.
If we compare with 2019, a year without the effects of the COVID-19 pandemic, the July 2021 growth is 44.4 percent, collecting RD$18,371 million over the RD$41,358.2 million collected for that year.
Meanwhile, compared with 2020, the growth in revenues is 43.0 percent, since RD$17,952.6 million more than the RD$41,777.3 million that was received in July of that year.
3. Complementary budget
Regarding the estimate in the complementary budget, compliance is 127.4% in July, equivalent to RD$12,862.8 million more than the submitted amount in the new budget. Meanwhile, in the accumulated from January to July, compliance is 105.9%, that is, RD$19,960.2 million additional.
4. Resources received under the transparency law
As for the resources collected through Law 46-20 on Transparency and Patrimonial Revaluation, a total of RD$6,341.6 million was collected in July 2021, equivalent to 10.6 percent of the total collected in the month.
In July, the highest income was received as a result of this law, representing 26.9% of the total amount collected.
From March 2020 to July 2021, RD$23,548.3 million have totally been received under this law, mostly through payment facilities, amnesty, and capital appreciation.
Source: Dirección General de Impuestos Internos 11/08/21
