Tuesday, 15 November 2022 01:16

Treasury recovered US$131.3 million through tax amnesty

Written by Evelyn Alas

The minister of Finance, Alejandro Zelaya, announced in a press conference that, at the end of november 1 of this year, the tax amnesty resulted in the collection of US$131.3 million, which corresponds to approximately 25,000 taxpayers who applied for the amnesty.

The tax amnesty is a window of opportunity that was in effect for 67 days and once again generated results that exceeded the stipulated goal.

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The official added that there was a greater flow of taxpayers than in previous amnesties. The amount is quite similar to the amount obtained last year.

The head of the Treasury Department explained that through the tax amnesty, the institution provided many facilities such as payment in installments of up to 9 installments with a 10% premium paid in cash.

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In addition, the minister informed that they have received US$52 million in cash, up to this moment. The remaining US$78 million will be received when the taxpayers pay the installments.

We issued a total amount of US$109 million in installment payment resolutions alone. Of that, US$31.5 million has already been paid up front.

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The Dirección General de Aduanas (DGA) counts US$3.2 million collected corresponding to 63 taxpayers covered by the tax amnesty.