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Latvia ranks 4th among EU countries with lowest tax burden
On June 26th, Eurostat (ec.europa.eu/eurostat) released the latest figures for tax burdens in Europe. According to the report, EU27 tax revenues in 2006 were at 39.9% of GDP. Meanwhile Latvia’s tax burden was among the lowest in the European Union with 30.1% of GDP.
The only three other countries in the EU which had lower tax burden than Latvia were Romania (28.6%), Slovakia (29.3%) and Lithuania (29.7%). Countries with the highest tax burden in 2006 were Denmark (49.1%), Sweden (48.9%), Belgium (44.6%), France (44.2%) and Finland (43.5%).
