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Tax collection lags 4 percent behind plans after seven months of 2011

Slovakia collected less tax revenue during the first seven months of this year than it had planned even though tax revenues improved from the previous months, the SITA newswire wrote. In May, tax collected lagged behind the budget plan by over twelve percent, in June it was 6.4 percent and in July, it was only 3.98 percent behind the projection.

Slovakia collected less tax revenue during the first seven months of this year than it had planned even though tax revenues improved from the previous months, the SITA newswire wrote.

In May, tax collected lagged behind the budget plan by over twelve percent, in June it was 6.4 percent and in July, it was only 3.98 percent behind the projection.

Based on data provided by the Tax Directorate of the Slovak Republic, tax revenues came to €4.921 billion at the end of July. Non-tax revenues accounted for €139.9 million in that period.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
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