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Higher payroll taxes may negate flat-rate tax

The flat-rate tax due to come into force next January should bring more foreign investment and lower unemployment, but its effects could be negated by higher payroll taxes, according to Slovenská sporiteľňa analyst Juraj Kotian.

He adds that this could mean that more companies would keep workers off the books.

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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