Tax revenue in Greece, from both direct and indirect taxes, decreased by 610.5 million euros in 2015, marking a 1.38-percent drop from 2014’s figures.
Tax revenue in Greece, from both direct and indirect taxes, decreased by 610.5 million euros in 2015, marking a 1.38-percent drop from 2014’s figures.
The only increase in revenue, up by 11.47 percent, came from income tax generated from wage-earners and pensioners, which account for a hefty 67.47 percent of total revenues from all individual taxpayers in the country.
Conversely, the biggest decrease, 46.82 percent, was recorded in revenue derived from pre-payments of income tax, a scheme, however, that only involves 4.48 percent of taxes received by individual taxpayers.
The figures were included in a first report on tax revenue collection released on Wednesday by the finance ministry’s General Secretariat for Public Revenues.
According to the report, indirect tax revenues (such as VAT remittances) comprised 54.4 percent of total taxes collected in 2015 (23.770 billion euros), while direct taxes totaled 19.844 billion euros.
At first glance, it appears that despite increases in practically every tax index and bracket, the increases in revenue were negligible.