On 6 October 2026, SUNAT announced that tax revenue collection in September 2026 grew by 18.3% year-on-year, continuing a positive trend that began in June 2024. The September intake reached a historic high for the month, driven by strong performances in income tax advance payments, VAT on domestic consumption, and customs duties on imports. The cumulative January–September 2026 collection exceeds S/ 140 billion, putting the annual target of S/ 195 billion within reach. The growth is attributed to economic recovery, enhanced compliance from electronic invoicing mandates, and targeted audit programs on high-risk sectors.
Key Takeaways
- Broad-Based Revenue Growth: The 18.3% increase was not concentrated in a single tax; rather, income tax (both corporate and personal), VAT, and excise taxes all posted double-digit gains. This suggests a genuine expansion of the tax base and improved compliance rather than one-off factors.
- Role of Digitalization: The mandatory migration to the Integrated Electronic Registry System (SIRE) and the widespread adoption of electronic invoicing have dramatically improved SUNAT’s real-time visibility into transactions, enabling faster detection of discrepancies and reducing evasion opportunities.
- Fiscal Sustainability Outlook: Sustained revenue growth provides the government with fiscal space to meet social spending commitments and reduce the deficit. However, SUNAT cautions that maintaining momentum requires continued investment in analytics, taxpayer services, and international cooperation to address base erosion and profit shifting (BEPS).
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