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The growth of income and sales collections during the past eight months by 26% for 2019 and 14% for 2020

12/09/2021

Income and sales tax collections from the beginning of this year until the end of last August amounted to 3.573 billion dinars, while collections during the same period last year 2020 amounted to 3.126 billion dinars and during the same period in 2019 it amounted to 2.833 billion dinars.

Income and Sales Tax Department clarified that the collections growth rate during the past eight months of the current year amounted to 14% compared to the collections in 2020, and the growth rate in 2019 was 26%.

The department indicated that its data showed that the growth in collections included both sides of direct tax revenues (income tax) and indirect tax revenues (general sales tax), as income tax collections increased during the past eight months of this year to reach 994 million dinars, while During the same period of last year 2020, it amounted to 921 million dinars, and During the same period of 2019 it amounted to 859 million dinars, so the increase rate during the current year compared to the same period in 2020 amounted to 8% and for the same period of the year before last 2019 it amounted to 16%.

The department indicated that the total collections of the department from the general sales tax during the past eight months of the current year amounted to 2.580 billion dinars, while during the same period of last year 2020 it amounted to 2.205 billion dinars, and during the same period of the year before 2019 it amounted to 1.973 billion dinars. The increase during the current year compared to the same period in 2020 amounted to 17% and for the same period of the year before last 2019 amounted to 31%.

The department said that the growth in collections is due to the positive effects of the start of the return of economic activity, in addition to the positive effects resulting from the tax reforms that the department is working on implementing, which is the expansion of the tax base and the entry of new taxpayers who have reached the threshold of registration in the tax, strengthening the voluntary commitment of taxpayers and facilitating the procedures for repaying the balances resulting from taxpayers, as well as the reform of tax distortions and the department's procedures in combating tax evasion and tax avoidance.

 


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