Budget revenues beat targets by 653 mln euros in 2013‏

19:20 6/2/2014 - Πηγή: Matrix24

In a report, the ministry said that tax agency revenues totaled 38.14 billion euros in 2013, up 1.75 pct from budget targets, with VAT
proceeds rising 3.2 pct to 292.5 million euros, while other tax agency revenues

rose by 1.3 pct to 360.2 billion euros.

Annual tax returns totaled 3.7 billion euros in 2013, up from a budget provision of 2.90 billion euros, an increase of 27.47 pct. The Finance ministry noted that overdue tax debt to the state grew by 13.7 pct last year to 63.7 billion euros, after a 24.1 pct growth rate recorded in 2012. Tax agencies said that overdue tax proceeds were 31.8 pct higher compared with 2012 and 49.2 pct higher compared with 2011 to a new record high of 3.26 billion euros.

In a statement, the Finance ministry stressed that “these tax collection data were the result of significant organizational and administrative changes in the tax collection mechanism”.

The statement noted that the number of individuals with overdue tax debt to the sate fell by 191,000 in 2013 to 2.347 million from 2.548 million in 2012, while their debt grew by 13.1 pct to 23.43 billion euros, slightly down from a 13.8 pct growth rate of total overdue tax debt (both individuals and corporate).

On the other hand, the number of legal entities with overdue tax debts jumped 202 pct and their debt by 14.2 pct, reflecting a credit squeeze in the market. The Finance ministry said that 157.000 debtors agreed to a renegotiation of debt, with a total debt of 1.15 billion euros, while tax agencies collected 235.9 million euros from this debt.

source: ΑΜΝΑ