What is the collection of the IASS?
The IASS has been charged since 2008, but the number of people exempted for not reaching the taxable minimum —established at 96 Bases of Benefits and Contributions (BPC), which is currently equivalent to 5,660 pesos—changes year after year. In this way, the number of people who receive passive payments and who paid the tax in 2021, according to data from the General Tax Directorate (DGI) published by the weekly Search, it was 197,611.
Of this total, 120,391 taxpayers had to pay a rate of 10% —for collecting between 96 and 180 BPC—; 74,865 paid the rate of 24% —above 180 and up to 600 BPC—; and 2,355, of 30% —more than 600 PCB.
The passive income range taxed at 24% is the one that generated the most collection during 2021 —although the proportions were similar in the two previous years—: there were 11,619 million pesos in a global IASS product that reached 15,355 million pesos. Altogether, it is 3% of what the DGI collected for all taxes collected in the country.
With these data, the technical and political discussions around the relevance of a decrease in the IASS do not seem to have much foundation: mainly, in terms of the impact on collection it is significant, considering that the participation in total collection is only 3 %, and that the tax will not be repealed but reduced.