May’s revenue falls by 22%.

Tax collection in May, the second full month of quarantine, amounted to 499,535 billion pesos ($ 7.29 bn), reported the Federal Administration of Public Revenue (AFIP). This figure represented a fall in real terms of 22% compared to the same month last year, but 1.4% better than in April. In nominal terms, there was an increase of 12.4% year-on-year.

Source: Ámbito