Tax collection will grow 11% real, according to budget 2026: how much would each tax contribute

Tax collection will grow 11% real, according to budget 2026: how much would each tax contribute

The government of Javier Milei estimates that next year Tax collection will grow 11% real compared to 2025. This is stated in the projections of the project 2026 budget, that the Executive sent to Congress and that provides for a 5%GDP growth.

According to the information of the Treasury Palace, The Customs Collection and Control Agency (ARCA) will receive taxes for $ 90.3 billion. That implies a nominal growth of 22.5% in relation to what the Government thinks to end up collecting in 2025, which is $ 73.6 billion. Taking into account that the inflation stipulated for the next year is 10.1%, then the economic team has planned a real growth of the order of 11%.

Tax Tax: what projects the budget 2026

In the case of Profit tax, the initiative provides income for $ 16.5 billion, which indicates a nominal growth of 24.2% and a real one of the order of 12.8%, inflation.

Budget-2026-IMPOSED

On the side of VATthe Ministry of Economy provides income for $ 32.9 billion, net of returns, with a Improvement of 19% nominal and 8% real.

The third largest tax will be Debit and bank credits with a total of $ 16.4 billion, which implies a nominal increase of 19% and 10% real. This is the main national tax for elimination or reduction.

The fourth tribute in order of importance will be Export withholdings. A total of $ 9.9 billion is expected, with a nominal increase of 21.7%, which implies a real rise of 11%.

Fifth the Import rights will grow 29% nominal up to $ 6.5 billionwhich gives a real rise of 17% that is consistent with the forecasts of increase in purchases from abroad for the coming years.

Two taxes that will rise notoriously are those taxing liquid fuel transfers and carbon dioxide emissions. These will grow 71% nominal of $ 1.7 billion to $ 2.9 billion. Real growth will be 55%. The latter is the result of the application of increases in the fixed sum of previous periods that were suspended.

No country tax

For next year The government supposes that the fiscal hole that left the country tax will have exceeded it of the order of 1% of the GDP and the personal goods reductionwhich cost 0.3 points of GDP.

In addition to an increase in income due to the improvement of the activity, something should also come through the improvement of the Tax Administration.

On the other hand, in the projections for the agreement signed with the IMF this year, a fiscal surplus of 2.2% of GDP is estimated. However, the 2026 budget project reduces it to 1.5%. In this case, GDP growth estimates go from 4.5% to 5% in next year.

Source: Ambito

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