Thus, collections to the state budget totaled RON137.43 billion last year, versus RON137.46 billion in 2015, and up by 3.3% versus the initial planned amount. Collections to the state budget accounted for 99.8% of the program revised at the budget revision from November 2016.
The tax authority collected profit tax worth RON15.38 billion in 2016, up by 7.3% compared with the initial program and up by 0.5% compared with the revised plan.
Revenues from income tax reached RON27.37 billion last year, 5.8% higher than the initial collection plan and in accordance with the revised plan.
Collections from the value added tax totaled RON51.66 billion in the same period, down by 2% versus the revised planned amount.
Revenues from excise collection totaled RON26.84 billion, up by 929.4 million compared with 2015, while revenues to the social security fund rose 4.43% on the year in 2016, to RON61.97 billion.