Euskaraz irakurri: EAEko ezkutuko ekonomia barne produktu gordinaren % 8.7 izan zen 2020an, 6,214 million euros

The underground economy represented a 8.7% of the GDP of the Basque Country in 2020, which means 6214 million euros, according to estimates made by the Basque Institute of Statistics. This is the first time that Eustat has carried out a measurement of the non-observed economy.

The sector in which a greater volume of underground economy is estimated is that of the constructionwhere it is believed to have accounted for 23.9% of its activity, ahead of the one grouped by tradethe hospitality and he transportwhich generated 17.1% of its wealth in a hidden way.

in relation to total value of the shadow economy, the services sector is the one that makes the greatest contribution, with 74.1%. In turn, within the services sector, “Commerce, hospitality and transport” stands out with 32.9% and, in second place, “Real estate activities”, although at a considerable distance, with 19.4%. “Professional Activities” represent 9.9% and “Other Service Activities” -which include recreational and cultural services, computer repair activities and other items, as well as activities related to laundry and cleaning services, hairdressers and others beauty treatments-, 5.3%.

Submerged activities are those legal productive activities that are intentionally hidden –partly or totally– from public authorities, generally to avoid paying taxes or social security contributions.

For its part, the Gipuzkoa Provincial Council revealed 172.6 million euros of tax fraud in 2022 as a result of 90,020 actions in this area. In total, 59.2 million euros emerged in Personal Income Tax (IRPF) and in Wealth Tax, 36 million euros in Corporation Tax, 67.8 million euros in Value Added Tax (VAT) and, finally, 9.5 million euros in the rest of the taxes.

eitb.eus has spoken with two Bizkaia Treasury inspectorsIñigo Egia and Joseba Garmendia, on actions against tax fraud.

Source: Eitb

Alia

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