Finances and Advisory - page 4 - The Slovak Spectator

Talks on controversial tax on hold

The tax would also involve banks, insurance companies and also pension fund management firms.

Compiled by Spectator staff

Insurance companies might embed new non-life insurance levies to the price of their products. Illustrative stock photo.

Proposed tax on voluntary insurance criticised

As Finance Ministry looks to boost revenues, industry calls planned levy unfair, non-sensical.

Peter Adamovsky

Penta becomes majority owner of Sberbank Slovensko

Local firm holds 99.5 percent of the shares as of July 29.

Compiled by Spectator staff

Government changes tax policy

Entrepreneurs perceive proposed changes, except reduction of the corporate income tax, negatively.

Jana Liptáková

FACTA agreement signed

Slovakia and the United States can now exchange information for tax purposes more easily, thanks to the Foreign Account Tax Compliance Act (FACTA) agreement signed in Bratislava on July 31, 2015.

Compiled by Spectator staff

Reforms would make bankruptcy simpler

The Justice Ministry wants to cut red tape in insolvency proceedings.

Radka Minarechová

Price of cigarettes and payroll levies to increase

Tax changes should fill the gaps after pre-election spending.

Compiled by Spectator staff

FinMin wants to change bank levy

The Slovak Banking Association opposes the plan.

Compiled by Spectator staff

A card with “historical credit”

Tatra Banka has recently introduced a new limited edition of credit card themed around the book Cvernovka by Martin Mistrík and Viliam Csino, last year’s laureates of the Tatra Banka Foundation’s Award for Art, in the Young Creative category.

Compiled by Spectator staff

More e-payments would cut down on tax fraud.

Cashless Slovakia still far off

Though electronic payments are on the rise, the time for doing away with hard currency is a ways off.

Slovaks abroad help their relatives

One-third of people in Slovakia receive financial assistance from their relatives, mostly from the Czech Republic.

Compiled by Spectator staff

MBI launches franchising concept

The brokerage company MBI brings an international franchising concept to central Europe, including Slovakia.

Compiled by Spectator staff

Peer-to-peer lending is growing

Though the phenomenon of lending among people is nothing new in Slovakia, it has been growing recently as part of the shared economy, according to two companies servicing the collective lending.

Compiled by Spectator staff

Slovakia will soon face problems caused by ageing of the population.

Making the third pillar more attractive

Forecast pessimistic as demographic developments presses individual saving for retirement.

Selecting mortgages more sensibly

Financial literacy of Slovaks is gradually improving as they are increasingly comparing offers of several banks. This can be seen in the number of clicks on the expert website Finančná Hitparáda.

Compiled by Spectator staff

Contactless payments are increasing in popularity.

Contactless payments prompt concerns

Card companies insist they are safe, seek to refute fraud rumours.

Financial Directorate president František Imrecze

Tax Cobra unit uncovered massive tax fraud

The Čičikov case is the second biggest VAT case in the history of independent Slovakia

Compiled by Spectator staff

Panama Papers scandal reaches Slovakia

So-far investigations of documents leaked from the Panamanian law firm Mossack Fonseca have uncovered dozens of names and companies in Slovakia with ties to the law firm.

Jana Liptáková