ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2021

ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2021

Tax revenue totaled ARS1.005 trillion in August, an increase of 64.2% year-on-year (YoY). Adjusted for inflation, the increase was 8.1% YoY. Among the tax resources, the increase in VAT, Tax on Credits and Debits and Profits stand out. Export Duties and Social...
ANALYSIS OF NATIONAL TAX REVENUE – JULY 2021

ANALYSIS OF NATIONAL TAX REVENUE – JULY 2021

Tax revenues totaled ARS933.2 billion in July, which implied an increase of 66.9% year-on-year (YoY). Adjusted for inflation, it expanded 9.9% YoY. Last month, Value Added Tax (VAT), the main tax source, grew 23.1% in real terms. The Tax on Credits and Debits and...
ANALYSIS OF NATIONAL TAX REVENUE – JUNE 2021

ANALYSIS OF NATIONAL TAX REVENUE – JUNE 2021

In June, tax revenues grew 69% year-on-year in nominal terms and 12.8% adjusted for inflation. The increase was driven by the depreciation of the exchange rate (37% YoY), the increase in international commodity prices and regulatory changes. But the main factor behind...
ANALYSIS OF NATIONAL TAX REVENUE – MAY 2021

ANALYSIS OF NATIONAL TAX REVENUE – MAY 2021

Partially because of the low basis of comparison, national tax revenue increased 72.7% in nominal terms and 14.3% in real terms as compared to the same month of the previous year. National Government revenues totaled AR$ 862.48 billion, which was the ninth consecutive...
ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2020

ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2020

National tax revenue reached AR$612.14 billion in August, which implied a nominal growth of 33.5% year on year (YoY), but a contraction in real terms of 5.2%. This fall was the most moderate since February. The slowdown in the decline in tax revenue can be explained...
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