Malta registers fourth highest increase in taxation in EU

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This information comes from a publication issued by

Eurostat, the statistical office of the European Union. Tax indica-

tors are compiled in a harmonised framework based on the European System of Accounts (ESA 2010), enabling an accurate comparison of the tax systems and tax policies between EU Member States.

The tax-to-GDP ratio varies significantly between Member States, with the highest share of taxes and social contributions in percentage of GDP in 2017 being recorded in France (48.4%), Belgium (47.3%) and Denmark (46.5%), followed by

(44.9%), Finland (43.4%), tria and Italy (both 42.4%) as well as Greece (41.8%).

Malta is at around the 32% mark, below the EU and euro area levels.

At the opposite end of the scale, Ireland (23.5%) and Romania (25.8%), ahead of Bulgaria (29.5%), Lithuania (29.8%) and Latvia (31.4%) registered the lowest ratios.

Sweden

Aus-