Tuesday, January 20, 2015

Government collected more taxes than anticipated – Daily News – Lisbon

Government collected more taxes than anticipated – Daily News – Lisbon

Last year, the tax authorities have charged more taxes than expected, estimates the Council of Public Finance (CFP), the study “Economic and Fiscal developments until the end of the third quarter and outlook for 2014″. The Government has to raise 42 363 million in tax revenue. It must have been much more than that, according to the detected signals.

In the new CFP report, chaired by Teodora Cardoso, considers that the goal should have been largely superseded. The latest data from the Ministry of Finance (MF) indicate, implicitly, that the State may have gone for nearly more than 900 million euros compared to what was supposed to last year if keep the pace of execution until November, for example . Even if it is lower, there emerge capital gains and beyond that provided on the revenue side.

​​Read more at its economy brand

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