Episode Details

Andorra’s tax burden jumped to 28.4% of GDP last year — not from higher rates, but from targeted revenue boosts like real estate taxes on non-residents and income from a small elite. The Finance Minister calls it a win: more cash for public services without broad pain. Still, with Spain at 37% and France over 45%, Andorra’s rate remains low — but watch out: if tax collections outpace economic growth, the burden could climb again.

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