In 2023, 50% of taxpayers reported an annual income of up to 7,680 euros to the tax authorities, resulting in an average tax rate of just 10.41%. Only 10% reported income over 20,842 euros, according to an analysis of data submitted by 9,017,477 taxpayers.
Particularly interesting are the figures showing that:
- 86% of those required to file taxes were taxed at a rate lower than the average (10.41%).
- At the same time, the average value of real estate per owner is approximately 107,826 euros, with an average tax of 319 euros.
According to a report prepared by the Ministry of National Economy and Finance to better monitor tax policy, it also emerged that:
- The total taxable income reported last year amounted to 97.5 billion euros, of which 80%, or 77.6 billion euros, comes from work-related income (salaries, pensions, businesses, agriculture) and 15%, or 14.6 billion euros, comes from capital sources (real estate, dividends, interest, royalties, and capital transfer gains). An additional 5.2 billion euros is added as a discrepancy in reported wealth.
- Income in 2023 was 9.1 billion euros higher, or 10.3% more compared to 2022, and the total tax assessed amounted to 10.2 billion euros, which is 1.4 billion euros more than the previous year.
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