Tag: tax to GDP ratio
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Malta with the third-lowest tax to GDP ratio in the EU but gap is closing
According to the latest Eurostat figures, Malta has the third lowest tax to GDP ration in the EU at just 29.3%. The lowest tax to GDP ration is in Ireland with 22.4% and Romania with 28.8%. However, Malta had the highest increase in the EU of its tax to GDP ration in 2023 going up…
