Estonia, Financial Services, Taxation
International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 15:38
Inflow of tax money up 12.6% in Estonia in January
BC, Tallinn, 09.02.2016.
Print version
Print versionThe Estonian Tax and Customs Board in January 2016 collected 627 million euros in taxes, 12.6% more than in January 2015, the Ministry of Finance said, cites LETA/BNS.
 |
|---|
The biggest, a 2.5-fold increase was recorded in the inflow of corporate income tax which totaled 68.5 million euros in January compared to 24.6 million euros a year before.
The increased inflow of corporate income tax was a result of major state-owned enterprises distributing their profit in December last year, unlike in 2014.
Income tax receipts decreased 0.9% on year in January to 41 million euros. Social tax receipts increased by 7.4% to 224.4 million euros.
«The Baltic Course» Is Sold and Stays in Business!
