Current Affairs
Malta eighth EU country with lowest tax

Eurostat figures on the level of tax in comparison with the Gross Domestic Product in EU member states, place Malta as the eighth country with the lowest tax among the 28 member states.

It emerges from the figures that the Irish are the least taxed in proportion to the country’s GDP. At the other end of the scale, the highest taxed are the French.

According to Eurostat, last year the level of tax increased marginally in European Union countries, including eurozone countries. The tax burden compared to the GDP last year increased by 0.6% in Malta, and is now at a level of 33.6% of the Gross Domestic Product. The tax average in eurozone countries stands at 41.3%, nerly 8% more that the figure for Malta.

 

 

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