Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Slovakia looks for tax-dodgers in Liechtenstein

SLOVAKIA has joined a list of countries which have asked Germany for information from a list of Liechtenstein foundations and funds which are allegedly hiding about €200 million in untaxed funds. Iveta Adamíková, the spokesperson for the Slovak tax directorate, confirmed this to the ČTK newswire on March 12. It is alleged that Slovak companies and entrepreneurs have used financial institutions in Liechtenstein for tax evasion.

SLOVAKIA has joined a list of countries which have asked Germany for information from a list of Liechtenstein foundations and funds which are allegedly hiding about €200 million in untaxed funds. Iveta Adamíková, the spokesperson for the Slovak tax directorate, confirmed this to the ČTK newswire on March 12. It is alleged that Slovak companies and entrepreneurs have used financial institutions in Liechtenstein for tax evasion.

"The Tax Directorate asked for data from this list via the German Ministry of Finance on February 29," said Adamíková.

Poland, the Netherlands, Scandinavian countries, Canada and Australia have already asked Germany for the list, which investigators from three continents are reported to be analysing. The internet portal Euroactiv.sk has reported that Slovak companies may also be on the list. If this information were to be confirmed, the Tax Office would check the companies concerned.

Martin Korch, a spokesperson for the Slovak Police, told the news website aktualne.sk that the police have no information to date that any details from the list pertain to Slovakia .

Top stories

Keep your passport at hand on your trip to Austria

There are no internal border controls on the Austrian-Slovak border. Yet, the Austrian police check cars and buses heading to Slovakia.

Slovak police checking cars at the border crossing in Berg, Austria.

Bratislava ice stadium will require €2 million

At the same time, its tenant, ice hockey club Slovan, owes some €1 million in rent.

The Ondrej Nepela ice-hockey stadium during 2011 ice hockey world championship.

Who do Slovaks marry the most among foreigners?

Mixed marriages are still quite rare among Slovaks compared to elsewhere in the EU. Slovak women are more likely to marry foreigners than Slovak men. Here is why.

Italy points to “illegal state aid” as Embraco announces relocation to Slovakia

The decision to shift production follows in the footsteps of US conglomerate Honeywell, which reportedly also plans to close its Italian plant and move to Slovakia.

Embraco plant in Spišská Nová Ves