Tax revenue as a percentage of GDP in 2011 was 33.5% in Malta, compared to 39.5% in the eurozone and 38.8% in the whole of the EU, Eurostat figures show.

That figure combines the implicit tax rate on labour, consumption and capital.

The figures show that Malta had the lowest tax rates on labour in the EU. The lowest rates of consumption were in Spain and those on capital in Lithuania.

Labour taxes are the largest source of tax revenue in the EU27, representing nearly half of total tax receipts, followed by consumption taxes at roughly one third and taxes on capital at around one fifth.

The GDP-weighted average implicit tax rate on labour in the EU27 was up from 35.4% in 2010 to 35.8% in 2011. Among the Member States, the implicit tax rate on labour ranged in 2011 from 22.7% in Malta, 24.6% in Bulgaria, 25.5% in Portugal and 26.0% in the United Kingdom, to 42.8% in Belgium, 42.3% in Italy and 40.8% in Austria.

The average implicit tax rate on consumption in the EU27 was up from 19.7% in 2010 to 20.1% in 2011.

Implicit tax rates on consumption were lowest in 2011 in Spain (14.0%), Greece (16.3%), Latvia (17.2%) and Italy (17.4%), and highest in Denmark (31.4%), Sweden (27.3%), Luxembourg (27.2%), Hungary (26.8%) and Finland (26.4%). In Malta it was 19%, higher than in Greece, Italy, Cyprus, Lithuania, Latvia, Portugal and Slovakia..

In the EU27 in 2011, the average implicit tax rate on capital for the Member States for which data are available was down compared with 2010 in ten Member States and up in nine. Implicit tax rates on capital ranged from 5.5% in Lithuania to 44.4% in France.

Highest top personal income tax rates

The average top personal income tax rate in the EU27 was 38.3% in 2013, up from 38.1% in 2012, but well below the level of 2000 at 44.8%. The highest top rates on 2013 personal income are observed in Sweden (56.6%), Denmark (55.6%), Belgium (53.7%), Portugal (53.0%), Spain and the Netherlands (both 52.0%), and the lowest in Bulgaria (10.0%), Lithuania (15.0%), Hungary and Romania (both 16.0%) and Slovakia (19.0%).

The average top corporate tax rate in the EU27 is 23.5% in 2013, slightly higher than in 2012, but well below its level in 2000. The highest statutory tax rates6 on 2013 corporate income are recorded in France (36.1%), Malta (35.0%) and Belgium (34.0%), and the lowest in Bulgaria and Cyprus (both 10.0%) and Ireland (12.5%).

VAT

The average standard VAT rate in the EU27 was 21.3% in 2013, slightly up compared with 2012.

In 2013 compared with 2012, six Member States increased their VAT rate, and only Latvia reduced it. In 2013, the standard VAT rate varied from 15.0% in Luxembourg and 18.0% in Cyprus and Malta to 27.0% in Hungary and 25.0% in Denmark and Sweden.

Eurostat statement at

http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-29042013-CP/EN/2-29042013-CP-EN.PDF

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