The restitution of withholding with soybeans and derivatives As of this month, it will perhaps allow the National Government to recover tax resources that until now has had to yield in favor of the provinces and social security.
According to the forms of the June Collection and Customs Control Agency (ARCA), although total collection grew 2.3% in real terms, which corresponds exclusively to the National Public Administration (APN) grew more than half of that percentage.
The total income reported by Ark were $ 16.2 billion. Of these, in the distribution $ 6.8 billion correspond to the National Administration; $3.4 Billions to Socia Securityl; $ 5.4 billion to the provinces and $ 433,244 million are non -budgetary funds, which include among others the resources of the contributions of the National Treasury (ATNA).
The resources that are pure to meet the expenses of the central government grew only 1.3% in real terms with respect to the same period last year; those of the Social Security advanced 12.8%; those sent to provinces grew 6.25% and the non -budgets dropped 44% real compared to the same month last year.
Full retentions: will income be recovered?
From the increase in Withholdings for soybeans and other cereals the federal government would have to recover some income, Although it must be borne in mind that the high season of harvest settlement has already passed.
It would not be this The best fiscal dynamics for the claim of provincial governors for greater resources. More than anything, they try to keep the non -budgetary funds.
In the case of the provinces, although its resources of national origin (Ron) grew 6.25% In interannual in real terms, strictly speaking, pure co -participation that corresponds to the percentages of the Income Tax and VAT, fell 5.2% due to the strong drop of 17% of the income of the first of the taxes.
In that sense, the Argentine Political Economy Center (CEPA) emphasizes that “the increase in RON is largely traction by the real interannual increase in personal property collection (+160%)” ”, that allowed the governors to receive more money compared to June 2024.
The collection of the first semester
According to the Institute Argentine Fiscal Analysis (Iaraf), the national tax collection of First semester of the year would have increased a real year -on -year 1.3%.
In terms of real year variation, in the first Six months of the year Taxes with the highest drop (regardless of the PAIS tax elimination) would have been profits (-4.8%), export rights (-2.4%) and internal taxes (-1.8%). Despite the loss of aliquots, the collection of export rights would have been less than that of the same period of 2024.
Taxes with greater increase would have been the fuel tax (84.2%), personal goods (70%) and Social Security (25.5%). The latter affects, among other reasons, the greatest comparative real salary.
“Without a doubt, As was predictable, country tax elimination is having an important impact on collectionbeing compensated by the dynamics of other taxes, such as social security and fuel, ”says the Iaraf.
It should be remembered that Social Security attends the expenses of ANSES and Fuels has a fixed percentage that is shared with the provinces although it is not part of pure co -participation.
Source: Ambito
