In its monthly report on tax revenue, the authority reported a strong increase.
(Photo: imago images / Winfried Rothermel)
Berlin In June, the federal and state governments collected 26.3 percent more taxes than in the previous year. As the Federal Ministry of Finance announced on Thursday, revenue last month totaled a good 93 billion euros. In the first six months of the year, tax revenue grew by 17.5 percent to almost 408 billion euros.
“In terms of wage tax, the robust labor market ensured a strong increase in income,” it continues. Unadjusted, they increased by 10.6 percent in June. Businesses also paid more taxes, with corporate tax revenue up 29.3 percent year-on-year.
The increase in revenue from sales tax was even greater at a good 55 percent. High inflation also contributed to this. According to the monthly report, the increase is partly due to accounting shifts in sales tax on imports.
But even adjusted for these effects, strong increases in import prices would have increased the value of imported goods and thus income significantly. Revenue from domestic sales tax increased by 9.2 percent.
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