Tax freedom day in Slovakia falls on June 1 this year

Tax freedom day, the first day in a given year on which people have earned enough to fund the state's annual tax demands, will fall on June 1 this year in Slovakia, according to an analysis released by the Association of Slovak Taxpayers and the F. A. Hayek Foundation on Thursday, May 31. Tax freedom day in 2011 fell on June 3, the TASR newswire wrote.

Tax freedom day, the first day in a given year on which people have earned enough to fund the state's annual tax demands, will fall on June 1 this year in Slovakia, according to an analysis released by the Association of Slovak Taxpayers and the F. A. Hayek Foundation on Thursday, May 31. Tax freedom day in 2011 fell on June 3, the TASR newswire wrote.

According to F. A. Hayek Foundation analyst Tomáš Púchly, the level of state redistribution has dropped slightly this year. The moving of tax freedom day to an earlier date is also due to continuing GDP growth and measures aimed at consolidating the public finances. The overall result was also influenced by the fact that there are three fewer working days in 2012 than in 2011.

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.

Top stories

Sweden is a European leader in further education, with 34.3 percent of involved adults in 2019.

Further education gives hope, but not to people in Slovakia

Stepping up to world-class further education provision does not end with a strategy, examples from abroad show.


11. jún
An interactive statue by the Love Bank museum in Banská Štiavnica.

Instead of love, "garden gnomes" cause uproar in a Slovak UNESCO town

Your weekly dose of easy reads about Slovakia, including EURO 2020 and geoparks.


11. jún
Recent tax measuresmayhelp to fill state coffers.

Historic deal on minimum global tax of 15 percent. Will it become relevant?

The planned tax reforms are both ambitious and complex; it is already clear that not everything will be enforceable.


5 h