VATupdate

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Collection grew by 6% year-on-year thanks to VAT

  • Tax collection grew by 6% year-on-year, driven by VAT
  • DGI reported an improvement in perception associated with increased domestic consumption, favored by lower price gap with Argentina
  • VAT collection has been increasing for three quarters due to lower exchange rate difference with Argentina
  • DGI tax collection grew by 6% year-on-year in real terms in September
  • Increase in VAT collection and Imesi perception
  • VAT was the most determining tax, reaching 27.070 million pesos and accounting for 48.3% of the total
  • Imesi grew by 22.9% in September, IRAE by 10.4%, and IRPF by 1.5% in the period January-September.

Source: ambito.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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