Towns keep real estate taxes on leash

THE STEEP increase in municipal real estate tax rates seen across Slovakia last year was not repeated this year. According to the findings of the PAS Slovak business alliance, about 80 percent of municipalities left their real estate tax rates unchanged in 2006.

Only around 15 percent of towns and cities increased taxes, while four percent dropped their rates, the Pravda daily wrote.

A cap on real estate taxes was imposed by parliament following last year's massive increase in local real estate tax. More than half of Slovakia's largest towns hiked taxes by more than 100 percent in 2005, arguing that the increases were both necessary and appropriate in the wake of the cut in the national tax rate to a flat 19 percent.

The PAS mapped tax rates in 75 towns and cities, and found that the lowest real estate tax rates are in Ilava, Sobrance, Svidnik, Nové Zámky, Lučenec, Gelnica, and Galanta. The highest tax rates are in Bratislava, Nitra, and Košice.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Murder of journalist: How did Ján and Martina die?

Journalists working with Ján Kuciak described how he and his fiancée, Martina Kušnírová, were killed.

People still remember Ján Kuciak and Martina Kušnírová.

The murder of journalist changed Slovakia, but not all of it

There are still people who continue as if it’s business as usual.

Illustrative stock photo

What are the best employee benefits? Ask your employees

Salaries and a good company atmosphere, not benefits, keep people loyal.

Parking as a benefit it popular among employees.

UPDATED: Protest gatherings will return to Slovakia one year after the murders of Kuciak and Kušnírová

The gatherings will be held under the slogan “We won’t forget! We will continue!”.

November 16 gathering in Bratislava