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Financial News: ARGENTINA: Tax Collection Increases 43.4% In May

ARGENTINA: Tax Collection Increases 43.4% In May

06/04/2018 - 15:56:00 (RTTNews)

(RTTNews) - Argentina's tax collection in May recorded an increase of 43.4% compared to the same period of 2017, adding up to 295.4 billion pesos, according to the Federal Administration of Public Revenues (AFIP).

"According to the original projection planned until May, the collection is 20.8% above the initial target," said the entity in a report. Regarding the interannual variation of the value-added tax (VAT), it increased 46.1%.

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