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Argentina's Oct Tax Collection +8.8% On Year, Totals ARS26.4 Billion



BUENOS AIRES -(Dow Jones)- Argentina's government collected 8.8% more tax revenue in October than it did a year ago, a Treasury official said Tuesday.

Tax collection in October totaled 26.416 billion pesos ($6.9 billion), Treasury Secretary Juan Carlos Pezoa said.

"The result surpassed expectations," he said. "That's because of an improvement in consumption."

-Taos Turner, Dow Jones Newswires; 5411-4103-6728; taos.turner@dowjones.com


  (END) Dow Jones Newswires
  11-03-091849ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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