SLOVAK municipalities can no longer collect local taxes from sales of alcoholic beverages and tobacco products. Slovakia had to cancel this tax after entry to the European Union, the daily SME wrote.
Mayors are unhappy with the considerable tax shortfalls caused by the measure. Though the state has promised to cover the gap in their budgets, it will not distribute the compensation according to the volume of sales but according to the number of inhabitants.
The move might considerably affect smaller municipalities that are attractive tourist destinations.
Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
1. Jun 2004 at 12:15