The tax collection registered throughout the past year amounted to 19.9 trillion pesoswhich meant an increase in 81.6% Regarding 2021, the Federal Administration of Public Revenues (AFIP) and the Ministry of Economy reported this Monday afternoon.
This result was obtained after tax, customs and social security revenues exceeded 2.3 trillion pesos in December, with an interannual increase of 95.6%.
December result It was driven “mainly by the performance of resources associated with foreign trade, the domestic market and social security.”said the Palace of Finance in a statement.
During the twelfth month of 2022, taxes related to foreign trade, driven by the export promotion plan, better known as Dollar-Soy II, showed a growth of 126.4% year-on-yearby adding something more than $218.700 million.
In the year, the payment of export duties for all items, where the agricultural sector and its derivatives concentrate 65% of the turnover, exceeded 1,649,000 million pesos, with a growth of 71% compared to 2021.
In turn, Import Duties and statistical tax, which together registered an increase of 56.2% in December to add 67,000 million.
During 2022, the collection of this tax and the statistical rate exceeded 639,000 million pesos, with an increase of 72% in relation to 2021.
On the other hand, the taxes that grant progressivity to the system, expanded by 111.9% as a whole, particularly the Income Tax that registered a growth of 116.6% in December, exceeding $562,000 million.
This last amount was “product of the income of the third installment of the extraordinary payment on account of profits made by the companies,” the Ministry of Economy specified.
The tax collection registered throughout last year amounted to 19.9 trillion pesos, which meant an increase of 81.6% compared to 2021
In this way, throughout 2022, the collection via Income Tax was 4.7 trillion pesos, a figure that doubles the number reached in 2021.
From the Economy portfolio they also stressed that the taxes with the greatest response to economic activity contributed to explaining the growth in national collection.
Within this group, the 89% rise in VAT stood out in December, to add 662,200 million pesos; that of 85%, the Tax on Credits and Debits, to something more than 158,000 million, and of 96% in Coparticipated Inmates, 52,000 million.
Thus, over the past year, VAT contributed more than 5.8 trillion pesos, with growth of almost 80% year-on-year.
Regarding Social Security resources, “high growth rates were sustained, deepening the expansive trend observed in recent months.”
“Salary improvements persist as a factor that explains this expansion,” assured the official statement.
The increase in these resources responded in December to the 101% growth in Employer Contributions, to exceed 261,000 million, and the 90% increase in Personal Contributions, which was around 174,000 million.
