June collection grew 82.1% and exceeded inflation for the twentieth consecutive month

June collection grew 82.1% and exceeded inflation for the twentieth consecutive month

Regarding the taxes that grant progressivity to the system, sand jointly expanded by 109.5% yoy In particular, the Income Tax registered a growth of +109.8% yoy while the Tax on Personal Assets increased by +108.2% yoy

Regarding the resources of the Social Security (+83.2% yoy), high growth rates were sustained, deepening the expansionary trend observed in recent months. Both salary improvements and the growth of registered employment persist as the factors that explain said expansion. The increase in these resources responds to the growth in Employer Contributions (+84.1% yoy) and the increase in Personal Contributions (+80.1% yoy).

Taxes with a greater response to economic activity (+75.0% yoy) also contributed to explain the growth in national collection. Within this group are the VAT (+77.8% yoy), the Tax on Credits and Debits (+90.7% yoy), Internal Co-participants (+52.4% yoy) and the tax on Liquid Fuels (+32.0% ia).

The tributes of foreign trade showed growth of +25.5% yoy The main concept that explains the growth is Import Duties and the statistical rate, which together registered an increase of +63.9% yoy

In turn, Export Duties grew +11.2% yoy, affected by the freight transport stoppages that modified the normal activity of the agricultural export sector.

Source: Ambito

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