Argentina Enters Tax
Collection Record
The Argentine tax system
collected in 2007 around
200 billion pesos (over
$63.4 billion),
according to an official
report published on
Thursday.
The authorities in the
subject said the total
income tax reached 199.7
billion pesos (around
$63.4 billion) which
represent 33 percent
more than in 2006.
Local media highlighted
that the statements by
Alberto Abad, AFIP
(Federal Public Income
Administration)
director, who said that
amount is an
unprecedented record in
the country's history.
Treasury Secretary Juan
Carlos Pezoa reported
that the three aspects
of greater impact on
that result were
economic activity
increase, behavior of
the most important
contributors, and
progress in legalizing
the domestic service
personnel.
Taxes in the last month
of the year were 19.6
billion pesos (over $6.2
billion), 39 percent
over those in December,
2006, said the AFIP.
According to the
institution's
statistics, the Value
Added Tax is the record
in contributions to the
Treasury, with 32.5
percent of the national
total income in
December, while the
income on profits
occupies the second
position, with 19.9
percent.
The tax on export rights
and managerial
contributions follow
those above, with 13 and
10 percent respectively. |
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