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NEWS
Latvia and Lithuania: Low EU Tax Burdens
Aug 30, 2008
By Gustavs Plato
By Gustavs Plato
According to the Investment and Develpment Agency of Latvia (LIAA) Eurostat (ec.europa.eu/eurostat) reported the latest European tax burdens on June 26th. According to Eurosta's report, EU27 tax revenues in 2006 were at 39.9% of GDP.
The lowest tax burdens in the EU were Romania (28.6%), Slovakia (29.3%) Lithuania (29.7%), and Latvia (30.1%). Countries with the highest tax burden in 2006 were Denmark (49.1%), Sweden (48.9%), Belgium (44.6%), France (44.2%) and Finland (43.5%).
Latvia and Lithuania continue to demonstrate why they should be considered key ingrediants to a European Market Strategy.
The lowest tax burdens in the EU were Romania (28.6%), Slovakia (29.3%) Lithuania (29.7%), and Latvia (30.1%). Countries with the highest tax burden in 2006 were Denmark (49.1%), Sweden (48.9%), Belgium (44.6%), France (44.2%) and Finland (43.5%).
Latvia and Lithuania continue to demonstrate why they should be considered key ingrediants to a European Market Strategy.
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