3.2.2. Evolution of income for Value Added Tax

VAT income corrected from SII grew by 3.9 percent in 2018, a smaller increase than the estimate for final expenditure subject to the tax. The difference between the growth of taxable expenditure and income is due to two elements. On the one hand, the increase in returns that are not from the year. Annual returns for fiscal year 2017 grow more than 9 percent, above requests due to the greater pace of execution. In addition, negative adjustments with the provincial territories also grew at a similar rate. On the other hand, income from previous periods decreased, as a result of the measures related to the granting of deferrals that were implemented in 2017. If instead of net income the gross income from imports and self-assessments of large companies and SMEs are analyzed, the growth in 2018 was 5.2 percent, in line with subject spending.