Lower revenues from central government taxes

03/11/2003 10:00

Dutch central government coffers received nearly 26 billion euro in taxes In the second quarter of 2003. This is 1.8 billion euro (just over 6 percent) less than in the second quarter of 2002.

The decrease meant that central government revenues in the first half of this year are 3 percent lower than in the first half of 2002.

Revenues central government taxes

Across-the-board Decrease

Nearly all central government taxes yielded less in the second quarter of this year than in the same quarter last year.

Corporate tax dropped by most. Revenues from this tax on company profits amounted to 3.2 billion euro, 0.8 billion less than in the second quarter of last year (–21 percent). Tax on dividends put 1.5 billion euro in government coffers, 0.1 billion less than last year (–8 percent). Revenues from wage and income tax amounted to 7.4 billion dollars, 0.5 billion less (–6 percent).

Various excise duties yielded 2.1 billion euro in income for the treasury, 0.1 billion less than last year (–6 percent).

Revenues from central government taxes

Revenues form VAT amounted to 7.9 billion euro, 0.1 billion euro (+2 percent) more than in the second quarter of 2002.

VAT revenues

Laurens Cazander

Source: Statline (Dutch only)