The Tax Administration (TA) collected a total of 1.46 billion EUR in gross revenue for the first 11 months of this year, marking an increase of 206 million EUR, or 16%, compared to the same period last year.
The TA announced that the collection target was exceeded by 110 million EUR, or 8%.
From January 1 to November 30, all categories of taxes showed an increase in revenue.
“Value-added tax (VAT) revenue amounted to 440 million EUR, which is 73.5 million EUR more than last year and 12.8 million EUR above the plan for this year,” the TA specified.
Corporate income tax revenue totaled 207.7 million EUR, surpassing last year’s by 59.5 million EUR, with a 30% increase compared to the plan.
“Social security contributions amounted to 533.5 million EUR, which is 36.8 million EUR or 7% more than last year, and 13.8 million EUR above the planned revenue for this year,” the TA added.
The TA noted that significant budget revenue was achieved through activities aimed at increasing voluntary compliance in reporting and paying tax obligations, as well as through tax inspection activities.
“Growth is expected to continue until the end of the year,” the statement concluded.
