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Europe Daily Bulletin No. 11101

17 June 2014
Contents Publication in full By article 31 / 40
ECONOMY - FINANCE / (ae) taxation
Higher tax burden in EU28 in 2012

Brussels, 16/06/2014 (Agence Europe) - A report published by the European Commission and the EU's statistical office, Eurostat, shows that the tax burden rose in the EU28 in 2012. As a percentage of GDP, tax income in the form of taxes and social security contributions rose for member states to 39.4% of GDP in 2012 from 38.8% in 2011. In the eurozone, the tax burden rose to 40.4% of GDP in 2012 from 39.5% in 2011. The tax burden in the United States in 2011 stood at 24.7%.

In 2012, tax...

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