On 7 September 2026, Peru’s National Superintendency of Customs and Tax Administration (SUNAT) released its monthly fiscal bulletin confirming that Central Government tax revenue, net of refunds, surged 17.3% in real terms during August 2026 compared to the same month in 2025. Total collections reached S/ 18,179 million, extending a sustained upward trend observed throughout the first eight months of the fiscal year. The growth was driven by robust domestic demand, improved compliance from large taxpayers, and heightened customs receipts linked to increased import volumes. This result consolidates 24 consecutive months of annual expansion, signaling a structural recovery in tax capacity following pandemic-era volatility.
Key Takeaways
- Broad-Based Revenue Growth: The 17.3% increase reflects gains across major tax categories, including Income Tax (IR), Value Added Tax (IGV), and Selective Consumption Tax (ISC), with customs duties contributing significantly due to higher import values.
- Compliance and Formalization Gains: SUNAT attributes part of the surge to enhanced digital controls, such as the Integrated Electronic Registry System (SIRE) and electronic invoicing mandates, which have reduced evasion and widened the tax base.
- Fiscal Policy Implications: The sustained revenue strength provides the Ministry of Economy and Finance (MEF) with additional fiscal space to meet deficit targets, fund social programs, and potentially accelerate public investment projects ahead of the 2027 general elections.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement