The Tax Administration reported a gross revenue collection of EUR 702.8 million over the first five months of the year, marking an increase of EUR 138.4 million or 24.5% compared to the same period last year. Additionally, the collection from January to the end of May exceeded the planned revenues by EUR 95 million or 15.6%.
According to the statement, “The trend of increasing revenue collection continues, with the most significant growth observed in corporate income tax, value-added tax (VAT), and contributions.”
Corporate income tax collections reached EUR 186 million, reflecting an increase of EUR 58.5 million or 46% over the same period last year, and surpassing the planned figures by EUR 47.6 million or 34.4%.
“VAT collections amounted to EUR 170.3 million, which is EUR 30 million or 21% higher than the same period last year, and EUR 7.3 million or 4.5% above the planned revenue,” the statement elaborated.
The collection of contributions in the first five months of this year totaled EUR 226.8 million, showing an increase of EUR 25.8 million or 13% compared to the same period last year, and 8% above the planned revenue.
“The Tax Administration is dedicated to enhancing proactive communication, offering service-oriented support to taxpayers, and ensuring the uniform application of regulations for the benefit of citizens and the state,” the statement concluded.
