Corporate taxes paid promptly

The high tax collection rate, combined with the rise in takings from overdue debts, led to an increase in budget revenues in the previous year. This fact enabled the government to provide significant support measures for households and pensioners.

According to data from the Independent Authority for Public Revenue (AADE), the collection rate in 2022 reached 83.3%, slightly improved compared to the previous year, and increased by 2.2 percentage points compared to 2019.

It also appears that businesses responded to their tax obligations to a greater extent than individual taxpayers, who, as the data show, found it difficult to pay the taxes due and often opted for settling their debts in 24 or 48 monthly installments.

An analysis of the AADE data further showed that corporate income tax and value-added tax recorded the highest rates of late payments, followed by...

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