Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

EconomyMacroeconomy Tags: MoF, Revenues, Taxes

Along with the release of unpaid taxes on Monday, the General Secretariat of Public Revenues (GSPR) provided an update on the collection of key taxes, namely personal and corporate income tax and VAT, in July.

In contrast, corporate income tax had a much higher collectability rate of 88 percent, as 459.2 million euros were collected out of the total of 521.51 million due in July. The revenue gap from the corporate income tax stood at 62.4 million in July. In ...

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