by | Sep 6, 2021 | Tax Revenue
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...
by | Aug 6, 2021 | Tax Revenue
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...
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 | May 13, 2021 | Budget Execution
Because of the increase in resources and the decrease in expenditures, in April the primary and financial deficits fell by 85.2% and 77.4%, respectively, compared to the negative figures for the same month of last year. The economic result was positive by AR$15.97...
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 | Sep 9, 2020 | Tax Revenue
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...
