IN SHORT

2005 "extremely successful", says Tax Bureau

THE YEAR 2005 was one of the most successful in the history of tax collection in contemporary Slovakia, according to Mária Machová, the director of the Slovak Tax Bureau.

Tax and customs offices collected a total Sk222.6 billion (€5.95 billion), or Sk20.6 billion (€551 million) more than predicted. Another Sk40 billion (€1 billion) raised in personal income tax and motor vehicle tax went to the country's regional governments, the SITA news agency wrote.

Machová said that the value-added tax (VAT) collected by tax offices exceeded VAT refunds by Sk80.6 billion (€2.16 billion) last year.

The Finance Ministry said that the success of tax collection proves its theory that in dropping the tax rate to a flat 19 percent in 2004, it was actually motivating people to pay tax and declare income they had previously hidden.

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

Kočner: I told Fico that if I was left alone, he would be PM

Denník N published another one of Kočner's recording. In it he mentions his dealings with the former prime minister.

Robert Fico

Bishops stand up against Kuffa

Even indirect engagement in politics is not adequate for clerics, they wrote.

Catholic priest Marian Kuffa

Freedom can be lost democratically, from the inside

Has the country survived the abductions of the state, the inoculation of Mečiar, Fico governments and the Kočner underworld without harm to democracy?

For a Decent Slovakia gathering: The legacy of November 1989 lives on

The organisers and participants stressed the importance of the 2020 general election.