World News

Argentina December tax revenue up 54% to $8.2 billion

BUENOS AIRES (Reuters) – Argentina collected 492 billion pesos ($8.2 billion) in tax revenue in December, up 53.9% versus the same month a year earlier, the government’s AFIP tax authority said on Friday.

Full-year 2019 tax receipts climbed 48.5% to just over 5 trillion pesos. The government expects 2019 inflation to come in at around 55%.

(Reporting by Walter Bianchi; Editing by Adam Jourdan)