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<title>Statistics Finland (www.stat.fi) - Taxes and tax-like payments</title>
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<description>Latest statistical releases from Statistics Finland on statistics Taxes and tax-like payments</description>
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<link>http://www.stat.fi/til/vermak/index_en.html</link>
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<title>Tax revenue grew in 2012</title>
<link>http://www.stat.fi/til/vermak/2012/vermak_2012_2013-03-01_tie_001_en.html</link>
<description>The tax ratio was 43.6 per cent in 2012. The tax ratio describes the ratio of taxes and compulsory social security contributions to gross domestic product. The tax ratio increased by 0.1 percentage points from the previous year. The accrual of taxes and compulsory social security contributions grew by 3.0 per cent or EUR 2.5 billion. In 2011, the tax revenue grew by 8.4 per cent. The total revenue for 2012 amounted to EUR 84.8 billion. These data are based on the preliminary national accounts data for 2012.</description>
<pubDate>Fri, 01 Mar 2013 07:00:00 GMT</pubDate>
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<title>Tax ratio 43,4 percent in 2011</title>
<link>http://www.stat.fi/til/vermak/2011/vermak_2011_2012-07-12_tie_001_en.html</link>
<description>The tax ratio was 43.4 per cent in 2011. The tax ratio describes the ratio of taxes and compulsory social security contributions to gross domestic product. The tax ratio grew by 0.9 percentage points. The tax ratio last rose in 2005. The accrual of taxes and compulsory social security contributions grew by 8.2 per cent. The total accrual amounted to EUR 82.2 billion. The amount of taxes accrued for the first time exceeded the level of 2008 prior to the economic downturn. This information is based on Statistics Finlands revised preliminary data concerning 2011. The tax ratio went up because GDP became revised from the preliminary data released in March. The data on the accrual of taxes did not become significantly revised from previously released data.</description>
<pubDate>Thu, 12 Jul 2012 06:00:00 GMT</pubDate>
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<title>Tax ratio 42.1 per cent in 2010</title>
<link>http://www.stat.fi/til/vermak/2010/vermak_2010_2011-07-14_tie_001_en.html</link>
<description>The tax rate, or the ratio of taxes and compulsory social security contributions to gross domestic product, was 42.1 per cent in 2010. One year earlier, it was 42.6 per cent. The tax ratio fell because tax accruals grew slower than GDP in nominal terms. The tax rate has last been this low in 1987. In 2010, the accruals of taxes and compulsory social security contributions totalled EUR 76.0 billion, which is around three per cent more than in the year before. These data are based on revised preliminary national accounts data concerning 2010. The data did not essentially change from those released at the beginning of March.</description>
<pubDate>Thu, 14 Jul 2011 06:00:00 GMT</pubDate>
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<title>Tax revenue decreased in 2009</title>
<link>http://www.stat.fi/til/vermak/2009/vermak_2009_2010-07-15_tie_001_en.html</link>
<description>According to Statistics Finlands revised data, the tax rate, or the ratio of taxes and compulsory social security contributions to gross domestic product was 43.1 per cent in 2009. In 2008, the ratio was also 43.1 per cent. The tax rate remained unchanged because tax revenue and gross domestic product in nominal terms decreased by about the same percentage. In 2009, the accruals of taxes and compulsory social security contributions totalled EUR 73.8 billion, which is 7.3 per cent less than in the year before. Since 1975 the tax accrual has declined from the previous year only six times and never by as much as now.</description>
<pubDate>Thu, 15 Jul 2010 06:00:00 GMT</pubDate>
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<title>Tax ratio rose slightly in 2008</title>
<link>http://www.stat.fi/til/vermak/2008/vermak_2008_2009-07-09_tie_001_en.html</link>
<description>According to Statistics Finlands revised data, the ratio of taxes and compulsory social security contributions to gross domestic product was 43.1 per cent in 2008. In 2007, the ratio was 43.0 per cent. The tax ratio rose because tax accruals grew by more than GDP in nominal terms. In 2008, tax accruals grew by 3.1 per cent and GDP in nominal terms by 2.8 per cent. The accruals of taxes and social security contributions totalled EUR 79.6 billion.</description>
<pubDate>Thu, 09 Jul 2009 06:00:00 GMT</pubDate>
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<title>Tax ratio declined in 2007 despite rapid growth in tax accrual</title>
<link>http://www.stat.fi/til/vermak/2007/vermak_2007_2008-07-10_tie_001_en.html</link>
<description>According to Statistics Finland's revised data, the ratio of taxes and compulsory social security contributions to gross domestic product was 43.0 per cent in 2007. One year earlier, the ratio was 0.5 percentage points higher. The total accrual of taxes and compulsory social security contributions went up by 6.3 per cent from the previous year and stood at EUR 77.2 billion. Nevertherless, the tax ratio declined from the year before as GDP grew by 7.6 per cent in nominal terms. The net tax ratio, i.e. the tax ratio less current and capital transfers and subsidies paid to the private sector, rose by 0.5 percentage points to 22.3 per cent. The explanation to the development in the tax ratio is that the public transfers grew more slowly than GDP and the accrual of taxes and compulsory social security contributions.</description>
<pubDate>Thu, 10 Jul 2008 06:00:00 GMT</pubDate>
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