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    "headline": "Argentina Tax Revenue Matches Inflation in August Amid Real-Term Decline",
    "dek": "Argentina's tax agency reports August revenue aligned with inflation, though real-term collections fell.",
    "prose": "The Argentine tax agency ARCA reported that August tax revenue totaled $20.508.537 with a 33.5% year-over-year increase, aligning with inflation. [^1]\n\nThe Agencia de Recaudación y Control Aduanero (ARCA) reported that August tax revenue totaled $205 billion, representing zero real variation compared to the same month last year. [^2]\n\nIncome Tax revenue reached $4.636.836 million, marking a 45.2% year-over-year increase due to higher corporate advances and a lower use of favorable balances for other tax obligations. [^3]\n\nNadin Argañaraz, president of the Argentine Institute of Fiscal Analysis (IARAF), stated that real-term tax revenue in August remained at the same level as August 2025. [^4]\n\nNet VAT revenue was $6.675.409 with a 25.3% year-over-year increase, while Imposed VAT increased 29.6% and Customs VAT increased 15.4%. [^5]\n\nThe government recorded two consecutive months without a decline in tax resources, with August showing zero real variation compared to the previous year. [^6]\n\nThe low comparison base influenced the results because rights that usually enter in August were advanced in June and early July 2025 due to a temporary tariff reduction under Decree 38/2025. [^7]\n\nARCA explained that a high growth in revenue from export rights contributed to the August figures. [^8]",
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