10 billion less tax revenues due to corona crisis

An explanation is not hard to find: “We see declines in all types of taxes that are directly related to how the economy is doing. When shops, restaurants and cafes close, people can consume less, and less VAT is paid “That already accounts for 2.8 billion. So there is a clear link with corona, if not the only explanation.”

In addition, companies have been given the option of paying part of their taxes only later. So that money will come in later. “For withholding tax, we will see another increase in June, so part of that 9.9 billion is a shift. But we will not be able to recover everything. It will not be a good year for tax revenues anyway.”

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