President Rudolf Schuster is today to sign a law ending tax holidays for investors by September this year, and making tax relief part of a more complicated process of securing state aid in specific cases.
While the Slovak parliament approved 10-year tax holidays for foreign investors who met certain conditions last year, the European Commission has objected to the breaks, which they fear will lure businesses away from the 15-member bloc.
Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
18. Jul 2002 at 16:48