Spectator on facebook

Spectator on facebook

Fiscal decentralisation presented

MUNICIPALITIES will be free to decide the rate of real estate taxes and local taxes, which will be transformed from the current system of local fees under the fiscal decentralisation scheduled to begin in 2005.

The income of municipalities and higher territorial units will include road taxes and taxes from the income of physical business entities in their area, the Slovak daily Pravda wrote.

In 2005, municipalities should operate with Sk33.6 billion (€838.7 million). In 2007 the sum is expected to grow to Sk35.8 billion (€893.7 million) and one year later it will be Sk38.3 billion (€956.1 million), according to the Finance Ministry's fiscal decentralisation plan that was presented on April 6.

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

Top stories

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)