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.






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