US EditionWhy Arca's Revenues Fall Lowers the Collection of Taxes on Foreign Trade
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In October fiscal revenues reached 16,16 billion pesos, 3.6 percent less at constant prices than a year ago
The collection of Tax Resources reached $16,165,742 million in October, with a year-on-year variation of 26.5%, reported today the Agency for Revenue and Customs Control (Arca). In real terms, the national tax collection would have fallen by 3.6% real year-on-year during October 2025. The holder of IARAF, Nadin Argañaraz, pointed out that “by excluding collection of taxes linked to foreign trade, given the elimination of PAIS tax, the actual yea…
The collection of Tax Resources reached $16,165,742 million in October, with a year-on-year variation of 26.5%, reported today the Agency for Revenue and Customs Control (ARCA). In real terms, the national tax collection would have fallen by 3.6% real year-on-year during October 2025. The holder of IARAF, Nadin Argañaraz, noted that “by excluding collection of taxes linked to foreign trade, given the elimination of the PAIS tax, the actual year-…
The collection in October was $16 billion, which meant an annual increase of 26.5%. Thus, it recovered against the performance of September, but still feels the impact of regulations in force last year. The high base of comparison that explained October 2024, pushed by the Personal Property Income Regime (REIBP), the moratorium, the PAIS tax and the laundering, implied a cut in the variation this month. Tax relief Tax reform: the key points that…
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