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ECONOMIC BRIEFS

Corporate income tax collection posts biggest shortfall in November

Eleven months into 1998, the state had collected 141.6 billion Sk in taxes, which represents a shortfall of 3.85% (5.7 billion Sk), reported the Central Tax Office on December 16. The greatest shortfall is reported in corporate income tax, with only 22.5 billion Sk collected, a mere 88.39% of the projected figure. Tax Office director Júlia Marčeková said that the shortfall had been caused by lower actual tax duties in corporate income tax. In comparison with the same period of 1997, corporate income tax collection went up 2.1 billion SKK.

As of November 30, 1998, Slovakia showed a state budget deficit of 12.88 billion Sk, up 3.81 billion Sk in one month alone.

Top stories

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness