It was approved the elimination of the extraordinary surcharge of 3.5% applicable to Income Tax as from 1 January 2017.
The following rates shall be applicable in 2016:
Taxable Income (Euros) |
Rate (percentage) |
Up to 7,070 |
0 |
More than 7,070 up to 20,000 |
1 |
More than 20,000 up to 40,000 |
1,75 |
More than 40,000 up to 80,000 |
3 |
Higher than 80,000 |
3,5 |