by | Jul 7, 2021 | Tax Revenue
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...
by | Jun 8, 2021 | Tax Revenue
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...
by | May 7, 2021 | Tax Revenue
In April, national tax revenue totaled AR$817.88 billion, the highest increase since April 2003, with a real increase of 40.8% and a nominal increase of 105.5%. The nominal exchange rate increase and the low base of comparison for last year -when the economic activity...
by | Nov 3, 2020 | Cost Estimates
Bill S-2286/2020 states that the economic context resulting from the pandemic has led to a growth of micro and small enterprises in Argentina, many of them highly dependent on the internet. In this framework, the Bill proposes a tax relief for the imports of digital...
by | Oct 22, 2020 | Cost Estimates
The Bill proposes the creation of a Registry of agricultural producers that use irrigation with intensive electric energy consumption and provides for a set of tax measures to encourage those producers to replace that system for less energy-demanding irrigation...
by | Oct 20, 2020 | Budget Law
The Budget Bill for the year 2021 estimates tax revenue at AR$6.46 trillion for 2020, and AR$9.3 trillion for 2021. The expected dynamics imply an increase of 28.6% YoY for 2020 and 43.9% for 2021. OPC (Argentine Congressional Budget Office) estimates for 2020 a total...
