Argentina: For every two bites of a peach, almost one is gobbled up by the state in taxes

Taxes explain 44.8% of the price paid by the consumer for a kilo of fresh peach, while the primary producer only receives 12.8% of the final price, indicated a study prepared by the Regional Economies sector of the Argentine Confederation of the Medium Company (CAME). After analyzing the costs, taxes and net profits of each link, the conclusion of this work was that of the 210.8 pesos in which a kilo of fresh peach was sold in the Federal Capital - average price of March 2021-, the producer explained 12.8% (27 pesos); the packing shed and the cold chamber 15.8% (33.4 pesos); the wholesaler –store in the Central Market of Buenos Aires– 10.9% (23 pesos); and the retailer –greengrocery store and hypermarket of Capital Federal– 15.7% (33.1 pesos). For its part, the tax burden of the State, in its three levels, amounts to 44.8% (94.3 pesos). "Once again, the weight of the State is exposed: 75.1% are taxes of national origin, while 24.9% are provincial or municipal taxes," explained the ...