HomeEconomyVAT collection grows 8.9% in 2022

VAT collection grows 8.9% in 2022

These revenues fell from 169,000 million euros in 2021 to 184,000 million last year.

Value-added tax (VAT) revenues in France grew 8.9% in 2022, faster than inflation, the Directorate-General for Public Finance (DGFiP) reported on Tuesday.

These revenues have gone from 169,000 million euros in 2021 to 184,000 million last year, specifies this administration that depends on the Ministry of Finance.

business strength

The increase is “directly linked to that of the billing declared by the companies, which increased by 14.5% in 2022”, under the effect of an increase in economic activity and a 52% increase in inflation, again indicates the DGFiP in your press. release.

These figures, which are still provisional, do not include import VAT, the full amount of which was not collected by DGFiP in 2021.

According to the Ministry of Finance, VAT, which is a tax on all goods and services consumed in France, accounted for 37.9% of state tax revenue in 2022, compared to 23.8% for income tax and 18.9% corporate tax.

Author: CO with AFP
Source: BFM TV

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