The new flat-rate tax of 19 percent, due to begin from January 2004, will mainly hit the middle classes, according to economic analyst Pavol Ondriška.
"Workers earning a gross monthly salary of about Sk11,000 (?267) will pay more income tax than now," he said. "In addition, they will face a higher burden of VAT."
Ondriška said the group represents about a third of the Slovak population.
Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
4. Jun 2003 at 11:14