Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Tax revenue lagging by 8.2 percent

STATE tax revenues in the first four months of 2011 were €2.668 billion, 8.2 percent behind expectations. Non-tax revenue represented €81.6 million at the end of April, the Tax Directorate reported, according to the SITA newswire.

STATE tax revenues in the first four months of 2011 were €2.668 billion, 8.2 percent behind expectations. Non-tax revenue represented €81.6 million at the end of April, the Tax Directorate reported, according to the SITA newswire.

Revenue from income tax, profit and capital gains was €541.5 million, which represented 84.18 percent of the budgeted level. Domestic taxes on goods and services of €2.113 billion also lagged projections, by 6.13 percent. Collection of excise taxes totalled €616.3 million and reached 88.69 percent of the budgeted level.

Value added tax raised €1.497 billion, 3.8 percent short of the plan. Tax and customs offices are expected to collect a total of €8.717 billion this year.

Last year, the tax and customs revenues of the state totalled €7.962 billion, down 0.8 percent from 2009. Non-tax revenues dropped 17.7 percent year-on-year in 2010 to €681.3 million.


Top stories

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.

It’s not easy being an ‘alien’ in Slovakia

Are Slovaks scared of foreigners? The stories of those who are trying to make their homes here suggest that ignorance and bureaucratic inertia, rather than fear, cause more problems.

Dealing with state offices may be difficult and time-demanding.

President Kiska uses train for first time Photo

After criticism from coalition MPs for flying and a troublesome car trip, Slovak President Kiska to commute to Bratislava by international train, boarding it in his hometown of Poprad.

President Kiska gets off the IC train in Bratislava.