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Wednesday, November 2, 2016

Argentina Tax Revenue Up 24% In October, 2016



But if Revenue is up 24% and inflation is up 40%, the gov't is losing ground!

Argentina tax revenue up 24.4 pct in October on high inflation


Nov 1 Argentina's tax revenues rose 24.4 percent in October from a year earlier to 167.196 billion pesos ($11.1 billion), driven consumption, the AFIP tax agency said on Tuesday.
The figure was lower than the 168.317 billion pesos the agency collected in September, which had marked a 30 percent year-on-year rise.