HomeTaxTax collection increased by 90% due to money laundering

Tax collection increased by 90% due to money laundering

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Tax collection recorded revenues of just over 2016 billion pesos in 2,07, amount that represents a growth of 27,7% by 2015, Abad reported.

Of this total, 106.769 billion pesos were received through the tax amnesty process that is currently underway and ends on March 31.

The rTax collection registered a strong jump of 90% in December compared to the same period in 2015, adding income of a Total amount of 275.542 million pesos, driven by tax money laundering.

The head of the Federal Public Revenue Administration (AFIP), Alberto Abad, said that the treasury received 93.000 billion pesos in December for the payment of penalties as part of the tax amnesty.

As for 2016, The collection recorded income of just over 2,07 billion pesos, an amount that represents a 27,7% growth by 2015, added Alberto Abad.

Of this total, 106.769 billion pesos were received through the money laundering process that is currently underway and ends on March 31.

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