Miklos: 15 percent flat tax "optimal"

FINANCE Minister Ivan Miklos indicated that Slovakia's flat income tax rate, introduced at the beginning of this year, could be cut from 19 percent to 15 percent.

Addressing the Austrian Chamber of Commerce in Vienna, Miklos said that 15 percent would be an "optimal" rate.

According to Miklos, the introduction of the flat tax had not reduced tax revenues in Slovakia. In fact, it resulted in a slight increase in revenues compared to the year before, the TASR news agency wrote.

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

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