Deloitte survey finds fewer tax inspections in Slovakia but higher taxes imposed

In spite of an ongoing year-on-year drop in tax inspections, the amount of taxes imposed after such inspections has been on the rise in the past few years, according to a survey conducted by Deloitte Slovensko, the TASR newswire wrote. The survey included more than 100 companies from across Slovakia and more than 70 of them recorded no tax inspection or at most one inspection in the past five years, TASR wrote on July 5.

In spite of an ongoing year-on-year drop in tax inspections, the amount of taxes imposed after such inspections has been on the rise in the past few years, according to a survey conducted by Deloitte Slovensko, the TASR newswire wrote.

The survey included more than 100 companies from across Slovakia and more than 70 of them recorded no tax inspection or at most one inspection in the past five years, TASR wrote on July 5.

Figures by the Tax Directorate indicate that income from tax inspections has been increasing since 2007, despite a 20-percent fall in the number of such inspections. Tax inspectors imposed additional taxes amounting to an average of €265,000 in 2009, up from €105,000 in 2004. Meanwhile, €22,000 in tax was imposed per inspection last year, a sharp increase from €8,000 in 2004.

Source: TASR

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

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