Nearly 3,000 people last year had earnings of over 1 million lei. The oldest millionaire is 97, while the youngest one is 18. However, most of the millionaires are aged between 40 and 60, IPN reports.

Of the 2,962 persons with incomes of over 1 million lei, 2,242 declared earnings of 1 to 3 million lei, while 117 persons earned over 11 million lei.

The millionaires had together a total income of 9.694 billion lei and paid 611 million lei taxes.

In a news conference, Sergey Pușcuța, director of the State Tax Service, said the number of statements presented by the citizens (private individuals who do not carry out entrepreneurial activity) for 2020 rose by 8.2% compared with a year before. The number of fast, electronic and prefilled tax returns increased more pronouncedly than the number of paper tax returns.

The salary is the major source of income. The earnings grew by 3.88%, while the citizens’ incomes from sources from abroad decreased by 6.5%. This shows the economic activity declined at world level, stated Sergey Pușcuța.

The income tax declared by business entities for 2020 was 3.76 billion lei. It decreased by 0.5 billion lei on a year before owing to the pandemic, the economic crisis and drought that affected the agricultural sector.