The official explained that there are more areas of opportunity in collection, combating tax evasion and avoidance, and probably also identifying informal activities, not exactly focusing on people who work informally, but with companies or other types of activities that do not is, for some reason, paying his taxes.
“If we improved our efficiency, we would increase 3 percentage points of GDP, this can only be achieved with what is a fourth generation technological reform; have technology to identify which activities are not taxed in the country, and be more strategic, more punctual to have a greater impact on this collection,” Yorio explained.
During the course of this administration there was no tax reform focused on raising tax rates. Rather, it focused on toughening measures to identify and attack tax avoidance and evasion.
According to the undersecretary, these measures generated close to two percentage points of GDP, “which is very similar to a tax reform, but taxes were not raised,” he added.
“Going forward, thinking about the last year of government, we increased two percentage points, finances will continue to be anchored in a path of sustainability, with a very low level of debt, this does not put pressure on the next administration to urgently carry out a hasty tax reform that has to do with increasing tax rates,” said the undersecretary.