Compared to the first nine months of 2017, revenue to the Latvian central government consolidated budget administrated by the State Revenue Service has increased by €635.65 million or 10%.
Revenue from the mandatory state social insurance contributions reached €2.339 billion and was 0.2% above the target. Personal income tax revenue totaled €1.233 billion and 2.8% short of the target.
Revenue from value-added tax (VAT) accounted for €1.793 million and 0.3% short of the target.
Excise tax revenue was €770.512 million in the first nine months of this year or 1.7 percent above the target.
Revenue from corporate income tax which has been revised in 2018 totaled €290.053 million, which is 26% above the target
The annual tax revenue target for 2018 is €9.287 billion. The revenue target for January-September 2018 is €6.932 billion.
