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7 months ago
Argentina says tax revenue rose 90 percent in December
January 2, 2017 / 8:20 PM / 7 months ago

Argentina says tax revenue rose 90 percent in December

1 Min Read

BUENOS AIRES (Reuters) - Argentina's tax revenues rose 90 percent in December from a year earlier to 275.542 billion pesos ($17.28 billion), a record high for monthly collections in pesos, the AFIP tax agency said on Monday.

Annual tax collection in 2016 was 2.07 trillion pesos, up 34.6 percent from 2015. The government's tax intake is increasing as Argentines participate in a tax amnesty program.

($1 = 15.945 Argentine pesos)

Reporting by Caroline Stauffer; Editing by Peter Cooney

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