Tax exemptions amount to 28.2% of revenue

The tax exemptions provided by the state to households and businesses have reached 18.8 billion euros, an amount corresponding to 28.2% of total tax revenue.

Without tax exemptions, tax revenues would have reached €85.5 billion, enabling governments to pursue social policy with targeted actions and permanent measures.

According to the Ministry of National Economy and Finance, the value of tax exemptions grew by €3.26 billion last year. The increase in the amount from €12.8 billion in 2021 to €15.5 billion in 2022 is mainly due to the adjustment of the property rates used for taxable purposes (known as "objective values") and the increase in the tax-free threshold for donations and parental benefits to €800,000. In 2023, tax exemptions numbered 1,106, up from 1,064 in 2022.