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BUSINESS BRIEFS

Flat tax rate passed once again

PARLIAMENT overruled the veto of President Rudolf Schuster on the flat tax rate, one of the key measures of the tax reform of PM Mikuláš Dzurinda's cabinet.

The law, supported by 78 deputies of the 150-member chamber, will take effect as of January next year even without the approval of the president.

The incomes of individuals and corporate entities will be taxed at 19 percent.

Finance Minister Ivan Mikloš believes that the law will create a better business environment.

Top stories

Famous books on totalitarianism popular in Slovakia too

Internet bookstores have recorded an increased interest in books exploring totalitarian regimes, including demanding theoretical works.

George Orwell in Slovak bookstores

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.