Budget, Estonia, Financial Services, Taxation
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Tuesday, 04.11.2025, 20:42
Estonian state collects 15% more taxes in May
BC, Tallinn, 06.06.2013.
Print version
Print versionAccording to the Estonian Finance Ministry, the tax revenue collected by the state budget amounted to 438 million euros in May 2013, which is an increase of 15% as compared to the same time last year, LETA/Public Broadcasting reports.
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The main reason for increase was collection of corporate income tax while VAT collection has also accelerated.
In the first five months of the year, 40% of the annual plan of taxes was collected and the year-on-year growth was 10% to 1.99 billion euros.
This year's income tax returns for private individuals amounted to 97 mln euros, by around 3 million euros less than last year.
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