Bulgaria Ranks Among EU Countries with Lowest Tax Revenue-to-GDP Ratio

Brussels, December 7 (BTA) - As a ratio of GDP, in 2016 tax revenue (including net social contributions) accounted for 40 per cent of GDP in the EU-28 and 41.3 per cent of GDP in the euro area, with slight increases in both ratios compared to 2015, show Eurostat data released on Wednesday. Bulgaria was among the countries with the lowest ratio of...

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