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 – JULY 2020

ANALYSIS OF NATIONAL TAX REVENUE – JULY 2020

Total tax revenue amounted to AR$559.09 billion in July, which implied a nominal growth of 24% YoY, however, it contracted for the seventh consecutive month when adjusted for inflation, showing a decrease of 13% YoY. In the first seven months of the year, total...
Analysis of National Tax Revenue – April 2020

Analysis of National Tax Revenue – April 2020

As anticipated, inflation-adjusted tax revenue fell 23.7% year on year (YoY) in April. Beyond some tax measures adopted by the National Executive Power to assist the productive sector in coping with the economic impact of the Mandatory Preventive Social Isolation...
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