Budget, Estonia, Financial Services, Taxation

International Internet Magazine. Baltic States news & analytics Tuesday, 09.06.2026, 07:59

Estonian state budget collects 39% planned annual tax revenue in 5 months

Juhan Tere, BC, Tallinn, 06.06.2012.Print version
According to the Estonian Tax and Customs Board, the tax revenue collected by the state budget amounted to 381.4 million euros in May 2012; in the first five months of the year, the state budget has collected 38.8% of the revenue planned for the year in the 2012 state budget, LETA/Postimees Online reports.

The tax collection was by a tenth higher than last year.

 

The social tax revenue amounted to 159.9 million euros in May, by 7.3% more than last year. 41% of the planned revenue for the year was collected in five months.

 

Private individuals’ income tax collection was in May 39.1 million euros, in five months 15.4% of the budget plan has been collected. By the end of May 98.7 million euros of tax returns had been made, by 1 million more than last year.

 

Legal entities paid income tax of a total of 19.9 million euros in May, by 76% more than at the same time last year. 37.8% of the amount planned for the year was collected in five months.

 

112.5 million euros of value added tax was collected in May, 16% more than at the same time last year. 40% of the budget plan was collected in five months.





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