MADRID Jan 29 Spain's non-financial revenue,
after transfers to regional governments, was 123 billion euros
($166 billion) last year, higher than the 119 billion euros
targeted in the 2012 budget, Treasury Minister Cristobal Montoro
said on Tuesday.
Montoro said at a news conference that measures taken by the
government meant that tax revenue had recovered from a steep
fall between 2007 and 2009 when Spain began its ongoing economic
crisis after the bottom fell out of the housing market.
He said corporate tax revenue rose more than 29 percent in
2012 from 2011.