Budget, Estonia, Financial Services, Taxation
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 13:45
H1 income tax receipts of Estonian local governments grew by 7%
BC, Tallinn, 01.08.2017.Print version
In the first six months of the year 2017, the Estonian Tax and Customs Board allocated 481.3 million euros of personal income tax to local governments which is 7% more than in the same period in 2016, informs LETA/BNS.
The biggest income tax allocation was made to the City of Tallinn, 182.1
million euros, which is 8% more than a year before. At the same time, 34
million euros was allocated to Tartu, 12.7 million euros to Narva and 12
million euros to Parnu -- respectively 5.8%, 4.9% and 4.9% more than in the
first six months of 2016.
According to the law, 11.6% of income tax paid by an Estonian resident goes
to the local government where the person lives in.