Rate of tax fraud starts to drop

The Financial Administration of the Slovak Republic reports that the number of cases of tax fraud has started to decline, with the mafia’s ability to commit tax fraud having been narrowed, the Pravda daily reported on April 20.

The Financial Administration of the Slovak Republic reports that the number of cases of tax fraud has started to decline, with the mafia’s ability to commit tax fraud having been narrowed, the Pravda daily reported on April 20.

From October 2012 to February 2013, VAT fraud via guarantees or VAT refunds dropped by 7.1 percent. The reason for the lower VAT refunds is attributed to recent legislative changes and slower economic growth.

After economic revival the elimination of tax evasion should bring several hundreds of millions of euros to state coffers, Pravda wrote.

Source: Pravda

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Owls indicate spring is coming

Male owls lured by bird calls fly in to take a look at the intruder.

Long-eared owl

“By a sharp knife” cuts through the heart of injustice in Slovakia

A film inspired by the 2005 murder of student Daniel Tupý will be premiered to the Slovak public on February 21.

Director Teodor Kuhn behind the scenes of Ostrým Nožom.

The moment that changed my perception of the media

One flew over the newsprint: Images from the history of the Sme daily

Alexej Fulmek (right) and Karol Ježík in the early days of Sme.