The Central Reserve Bank (BCR) reported that after seven months of declines, the collection of Income Tax (IR) had an improvement in September, which is reflected in a 2.6% increase over the same month of the year 2016, mainly due to a higher collection of income in natural persons of 3.8%, legal in 1.1% and regularization of 35.8%.

The BCR also reported that the second category IR increased 25.1%, compared to the same month in 2016, due to higher payments related to the distribution of dividends.

The audits to companies resulted in higher revenues from regularizations, as well as the regularization of tax payments due to the delay in the regions affected by El Niño Costero.