Neuquén is the only city to collect more provincial taxes in the first semester

2024-08-10 03:36:00

In the first half of this year, Neuquén performed outstandingly in provincial collection, standing out among 17 provinces.. While most jurisdictions saw real tax revenues fall, Neuquén saw an 11.1% increase.

This increase is due in part to the economic activity associated with Vaca Muerta andGross revenue rates for certain industries implemented at the beginning of the year.

For example, communications-related services: From 4% to 5.5%; construction and construction-related services: from 1.5% to 2.25%; financial services: from 7% to 9%; financial intermediary services: from 5.5% to 8.25%.

In contrast, the global collection Provinces fell by 7.9%In other words, this further highlights Neuquen’s outstanding performance.

In absolute terms, Neuquen’s tax revenue in the first six months of this year was $482.278 billion, ranking fourth among the provinces with the highest taxes, behind Buenos Aires, CABA and Córdoba.

Politikon Chaco, a consultancy that collects and analyzes data, The differences in fiscal performance among provinces are highlighted, with some provinces experiencing a sharp decline of up to 31.4%.

From a national perspective, provinces are facing a complex situation of inflation and slowing economic growth. andThis situation has led to a general decline in own-source income in most provinces.

However, Neuquén Find ways to differentiate yourself by adopting a more aggressive tax policy, leading to an increase in total revenueone of the main components of provincial fiscal revenue.

14.7% is an increase in total revenue collection, an equal portion of all business transactions.

Conventional and unconventional oil and gas extraction Total revenue explains Neuquen’s performance.

Precisely, if stamps and real estate are taken from general collections, then in Looking at the individual performance of each region, total income increased in two regions and decreased in fifteen other regions.

As far as Neuquen is concerned Compared with 17 provinces, the overall growth rate is 3%, with growth in Neuquén (actual annual growth of 14.7%) and Córdoba (0.4%); Of the 15 declining jurisdictions, those in Chaco and Formosa stood out the most, being the only jurisdictions to decline by more than -20%.

S taxAccording to the analysis, compared to the first months of last year, real estate fell by -25.1% and real estate fell by -32.6%. andThe report clarified that the missing provinces did not regularly report on their collection status.


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