BUSINESS IN SHORT

Parliament postpones e-VAT effort

MANDATORY electronic communication between Slovakia’s tax office and companies with annual revenues of more than €50,000 regarding value added tax has been postponed until January 1, 2013, after the country’s parliament passed legislation to this effect in fast-tracked procedures on February 29, the Sme daily reported.

MANDATORY electronic communication between Slovakia’s tax office and companies with annual revenues of more than €50,000 regarding value added tax has been postponed until January 1, 2013, after the country’s parliament passed legislation to this effect in fast-tracked procedures on February 29, the Sme daily reported.

The legislative proposal was prepared by the finance and budget committee of parliament after an inspection by MPs at the tax office in Bratislava determined that the Financial Administration’s malfunctioning information system remains a serious problem that requires much data to be processed manually by the staff, the TASR newswire wrote.

The Financial Administration, which was created in January this year by a merger of the previously separate tax and customs administrations, had intended to require compulsory electronic communication regarding VAT by larger companies as of April 1, 2012. But the chair of the parliamentary committee, Jozef Kollár, warned that certain deadlines could not be met by the Financial Administration’s staff.

Mária Machová, the new director of the Financial Administration, has dismissed Miroslav Mikulčík from his post as director of the administration’s Financial Operations Competence Centre. The centre has been responsible not only for implementation of the new information system but also for unification of Slovakia’s tax, payroll levy and customs duties under the UNITAS programme.

Mikulčík, who headed the Tax Directorate until he resigned last April, reportedly has links to Bank Pro Soft, one of the suppliers of the malfunctioning information system.

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