Spectator on facebook

Spectator on facebook

FOCUS SHORT

Tax incomes lag behind projection

THE STATE’S overall tax revenue in 2012 amounted to €4.918 billion up to the end of July, lagging behind the level projected in the state budget by 8.6 percent. The sum collected represented 53.3 percent of the annual projection, the SITA newswire reported, citing data from the Finance Directorate.

THE STATE’S overall tax revenue in 2012 amounted to €4.918 billion up to the end of July, lagging behind the level projected in the state budget by 8.6 percent. The sum collected represented 53.3 percent of the annual projection, the SITA newswire reported, citing data from the Finance Directorate.

The treasury collected €1.308 billion in taxes on income, profits and capital gains. Among taxes on goods and services, the treasury collected €2.457 billion in value added tax, representing
87.44 percent of the expected amount.

State budget revenue from excise duties was €1.123 billion at the end of July. Based on the state budget law for 2012, tax revenue this year should be €9.228 billion.

Topic: Finances and Advisory


Top stories

Budgetary deficit supposed to be under 1 percent for the first time

MPs approved the public administration budget for the next year, with 82 voting for it, and 59 against.

Finance Minister Peter Kažimír

President to appoint missing Constitutional Court justices

The court will have its full complement of judges after three years.

President Andrej Kiska

Austrian natural gas station close to Slovak border exploded Video

The incident, which claimed one fatality and at least 18 injuries, also created an emergency in a Slovak village close to the Austrian border.

The explosion of Austrian natural gas station in Baumgarten, December 12.

Blog: Environmental sustainability is the future for sustainability in business

A great example of how you can make a difference by sharing your passion with others: Ivana Maleš, co-founder of the Institute for Circular Economy, describes her journey to a sustainability consultant.

Illustrative stock photo