The increase in the average gross remuneration and the rise in the maximum taxable base threshold positively affected tax revenue,” it was stated. The Tax and Customs Collection Agency (ARCA) detailed that between January and October of this year, revenue amounted to 150.9 trillion pesos, with a nominal increase of 43.4%. The president of IARAF stated that “national tax revenue accumulated in the first ten months of the year would have been the same in real terms compared to the same period in 2024”. If the collection of the PAIS tax is not considered, revenue would have increased by 6%. In terms of year-on-year real change, in the first ten months of the year, the taxes with the greatest decline (without considering the elimination of the PAIS tax) would be Personal Assets (-33.7%), Shared Internal Taxes (-10%), and export duties (-7%). The taxes with the highest increase in the January-October period would be taxes on fuels (54.4%), import duties (23.4%), and social security (17%). Tax Resource collection reached $16,165,742 million in October, with a year-on-year variation of 26.5%, the Tax and Customs Collection Agency (ARCA) reported today. In real terms, national tax revenue would have decreased by 3.6% year-on-year during October 2025. The head of IARAF, Nadin Argañaraz, pointed out that “by excluding revenue from taxes linked to foreign trade, given the elimination of the PAIS tax, the year-on-year real variation would be positive by 1%”. According to ARCA, the year-on-year variation for October continues to be affected by the high comparison base due to extraordinary revenues in October 2024. In October 2024, revenue came in from the following items: the Special Income Regime for the Personal Assets Tax (REIBP) and the tax amnesty. The other taxes with declines would be export duties (-66%), where the temporary elimination of the tax burden on the agricultural sector had a negative impact, and shared internal taxes (-7.4%)”. “Additionally, the fact that October 2024 had extra income from money laundering and the tax amnesty negatively impacted total revenue,” it was added. He stated that “the taxes with the highest real increase would be import duties at 44%, followed by the fuel tax at 25.2% and Income Tax at 13.2%”. It is important to highlight that the elimination of the suspension of exemptions for exclusion certificates at Customs is negatively affecting the collection of the tax”. “The second tax in terms of participation, social security contributions, would have grown by 1.2% year-on-year in real terms. These variations were calculated assuming a monthly inflation rate of 2.3% in October”. Likewise, he affirmed that “the main tax, VAT, would have had constant revenue in real terms during October 2025 compared to October 2024. Additionally, the PAIS tax is currently not in effect, and the Asset Regularization Tax was active. “Without these revenues, the year-on-year variation would have been close to 37%,” ARCA stated. Argañaraz said that “analyzing by tax, the revenue that would have fallen the most, without considering the elimination of the PAIS tax, would be that of Personal Assets, which would have fallen by 67.8% year-on-year in real terms.
