CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Finnish Tax Revenue Growth Slowed In 2016

Finnish Tax Revenue Growth Slowed In 2016

by Ulrika Lomas, Tax-News.com, Brussels

20 July 2017


The Finnish statistics agency has reported on tax revenue growth in the territory in 2016.

It said revenues from taxes and social security contributions rose 3.3 percent, down from 4.5 percent revenue growth recorded last year. The tax burden increased by 0.2 percent to 44.1 percent of gross domestic product, the agency said.

Value-added tax revenue growth was above average at 3.8 percent, demonstrating increasing consumer demand, and corporate tax payments – a sign of company profitability – were up 5.5 percent. Revenue from energy taxes increased by 8.7 percent.

Revenues from death duty and gift tax contracted by 17.3 percent in 2016.

TAGS: tax | value added tax (VAT) | energy | corporation tax | social security | gift tax

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »