Tricks lead to decrease in income tax due this year

The 500-million-euro drop in the income tax demanded from taxpayers after this year's processing of declarations compared to last year's is the outcome of the decline in incomes declared by professionals - following a tough 2017 when they were forced to pay huge social security contributions and taxes.

It took a 33 percent drop in the taxable income of a self-employed professional for their tax dues to decrease by 77 percent this year.

However, the consequences for the state stretch beyond the income tax due: When the time comes for the definitive calculation of this year's social security contributions - which requires 2017 earnings as a basis, instead of those of the year before - the state will need to return significant amounts from contributions deducted, at least to those who consistently pay their contribution deposits every month.

The drop in declared...

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