Ricardo Echegaray announced that December tax collection marked “a record”

January 2, 2013

The head of the Federal Administration of Public Revenue (AFIP), Ricardo Echegaray, and Finance Minister Juan Carlos Pezoa, announced this afternoon that December tax revenue was 62 billion pesos, marking “a record” as assessed officials.

In turn it was announced the collection throughout last year, which was about 680 billion pesos, which represents overachievement of more than 12 million pesos on the budget guideline, which was 668 billion.

This is a 25.9 percent increase over the level of 2011, when it obtained 540 billion pesos.

The Government’s decision in 2012 of to not raise the minimum taxable income contributed to achieve a good level of income at the end of the year.

The AFIP weeks tightened controls on Earnings audit by stating that tax deductions should be reported in electronic form for wages from the $ 250,000 annual gross.

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