tax revenue forgone has been influenced for the most part on non-target
The state collects more than 2011 but less than expected: lower than estimated income tax
The Def (Document of Economics and Finance): 3.477 million euros less in the first 4 months of the year than expected
MILAN ? ?warning to government accounts. Though the absolute numbers are rising, tax revenues in the first 4 months of 2012 are in fact inferior to 3.477 billion euros compared to the forecasts contained in the annual Def, the Document of Economics and Finance. The difference is 2.9%. It notes that the report on tax revenues of Accounting and Finance Department of the Ministry of Economy. These lost revenues, then we must imagine that you add the effects of the earthquake and with the expected further decline in revenue, income tax and VAT on the front. Not to mention the increase in expenditure.
REVENUE VAT ? At variance with respect to predictions contribute revenue to the State budget to -3.14 billion euros (-2.7%) and in particular that the revenue from VAT reflects cyclical factors. In bending the roles to -93 million euros (-4.5%), post corrective to -160 million euros (-2.2%) and the tax revenues of local authorities to -84 million euros (- 1.2%).
REVENUE ? As mentioned, in absolute terms, in the first 4 months of 2012 tax revenue totaled 117.03 billion, +1.3% over the same period of 2011. For comparison, we point out that excluding one-off tax on the replacement property lease in April 2011, recording a growth of 2.5%. Direct taxes have a positive variation of 0.5% (+316 million euros). The revenue from Ire ? reports the Department of Finance, Ministry of Economy ? shows a slight decrease of 0.5% (-280 million euros) due to the negative performance of the considered self-employed workers (-2.4%) and public employees (-0.8%) partially offset by favorable deductions for private employees (+1.4). The yield IRES has generated an increase of 7.9% (+103 million euros) due to deadlines for payment of taxpayers with exercise does not coincide with the calendar year. Among other direct taxes, we note the growth of the substitute of withholding taxes, interest and other investment income (+554 million euros, equal to +26.7%) influenced by several factors, technical and regulatory changes, and in particular by made to the taxation of financial income. Indirect taxes are detect an overall increase of 4.6% (+2,501 million euros). VAT revenues down slightly (-1.0% to EUR -297 million) reflecting the combined effect of the increased component of the levy VAT on imports (+4.7%) and flexion of the component relating to internal trade (-2.2%) due to the economic downturn and the weakening of domestic demand.
?????????????dr jekyll and mr hyde edwin jackson punksatony phil trump 2012 groundhog day groundhog phil pee wee herman
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.