Tax Administration: In the first quarter, 24,5 percent more revenue was collected than last year

The revenue collection plan for the first quarter exceeded by 15 percent

3420 views 3 comment(s)
Illustration, Photo: Shutterstock
Illustration, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The tax authorities announced that they collected 444,44 million euros in gross revenue in the first quarter of this year, saying that this was 87 million euros or 24,5 percent more than in the same period last year.

They point out that the revenue collection plan for the first quarter was exceeded by 58 million euros or 15 percent.

Growth in billing was recorded in all categories.

"On the basis of the corporate income tax, 45,6 million euros more was collected compared to the same period last year, the growth was also achieved compared to the plan for 2024 by 31,5 percent. Value added tax collection amounted to 109 million , which is 18,5 million more than last year and 4,4 million euros above the plan for this year. Contribution collection amounted to 122,71 million euros and is 13,7 million euros more than last year's collection. and from the plan for 8,8 million euros," the announcement states.

In March, the realized gross revenue collection amounted to 245,7 million euros, which is 52 million euros or 27 percent more compared to the same period of the previous year, and 39 million euros or 19 percent more compared to the revenue plan for March.

"PU expects the continuation of the growth trend in the collection of budget revenues through the modernization of the process, the simplification of the procedure for voluntary fulfillment of tax obligations, coercive measures through greater application of inspection supervision and collection activities based on risk analysis, especially during the summer tourist season," the announcement concludes.

Bonus video: