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Flat tax to bring simpler tax rules

The new income tax rules aimed at bringing in a flat tax rate will be much simpler than the current ones, according to Finance Minister Ivan Mikloš.

He emphasised that the new rules would form a new law, rather than just amendments to the current one. He expects the new law to be only 60 percent of the size of the previous one, despite including more details on tax administration.

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

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