Overview

• National tax collections in July reached AR$16.9 trillion, marking a 42.7% nominal increase and a 4.8% real gain.
• Income tax receipts rose 20.9% in real terms, export duties surged 50.6% and social security levies climbed 10%, while VAT posted a modest 1.8% gain.
• Federal transfers to provinces bounced back with a 7.3% real increase following two consecutive months of declines.
• Distributions under special regimes jumped 42% year-on-year, led by a 219.8% spike in Wealth Tax collections.
• The March removal of the PAIS tax and advance-payment adjustments under the BASES law reshaped the timing and composition of July revenue.