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Tax receipts hold their own
26-07-2017 | STATEC


Over the first half of 2017, tax receipts collected by the State increased by 3.2% over one year (a rise of EUR 230 million). This rate was lower than that of the two previous years (almost 4%), due to tax incentives relating to the tax reform and a substantial VAT loss on e-commerce. On the other hand, a number of factors boosted tax receipts, such as the wage indexation adjustment, strengthening consumption and the favourable stock market environment.