In a month in which financial instability prevailed after the defeat of the Government in the elections of the province of Buenos Airesthe collection of two of the main taxes of the national tax structure, the VAT and the Income Tax, registered modest behaviors.
According to estimates of the Politikon Chaco consultant, the first would have risen in interannual terms 1.2% and the second 3%. For the Argentine Institute of Fiscal Analysis (Iaraf) VAT would have fallen half a point.
The data correspond to the Directorate of Relationship with the provinces of the Ministry of Economy, which reports daily the funds sent to the provinces for co -participation.
In fact, the andTotal automatic children fell 10% in the month that is finishing, with $ 5.09 billion. Of these, what is pure tax co -participation amounted to $ 4.6 billion, registering a decrease of real 0.8%. It is 91% of what is sent, so that the greatest collapse was due to shipments by special laws.
“This decline is mainly explained by internal taxes (34.6% year -on -year) and in other co -participants (83.2% year -on -year; comparative base effect due to money laundering in 2024). On the other hand, profits (+3% IA) and VAT (+1.2%) showed increases although lower, and failed to compensate for the fall of the other taxes, ”says Politikon Chaco. Against August, profits fell 10.3% but VAT improved by 2.3%, the private report clarifies.
Taxes: Impact of shipments to provinces
Regarding special laws, the effect of the reduction of personal property tax affected shipments to provinces with a 92%drop, But the fuel tax rose 26% and the monotax 76%, although with minor contributions compared to the total.
It should be remembered that last month the National tax collection registered a real decline of 2.4%, Marking the effect of the decrease in withholdings and the elimination of the country tax, in addition to the lower activity.
The Iaraf said about it that The large percentage drop differential between net co -participation and total automatic transfers “is mainly explained by the behavior of personal goods, Since, in September 2024, 75% of the special regime for the income of the Personal Assets Tax entered, which in September of this year was only collected in advance of the tax ”.
“By excluding Total automatic transfers income from personal goods in September 2025 would have a real year -on -year increase of 1.8%”, indicated the Iaraf.
The report indicates that “the decline in net co -participation registered in September would be explainedfundamentally, due to the real year of 0.5% VAT and the decrease of 34.6% of internal taxes ”. “On the other hand, the low year -on -year rise of 3% in the collection of the income tax attenuated,” said the entity.
Source: Ambito
