Spectator on facebook

Spectator on facebook

FOCUS SHORT

Bratislava accounts for bulk of taxes

TAX collection in Slovakia is uneven, with Bratislava, the seat for many companies, unsurprisingly representing the largest share of tax revenues. The capital and its surroundings accounted for 74 percent of the nation-wide gross revenues from tax receipts in 2012, the SITA newswire reported based on information provided by the Financial Administration.

TAX collection in Slovakia is uneven, with Bratislava, the seat for many companies, unsurprisingly representing the largest share of tax revenues. The capital and its surroundings accounted for 74 percent of the nation-wide gross revenues from tax receipts in 2012, the SITA newswire reported based on information provided by the Financial Administration.

In 2012, the tax administration collected nearly €12 billion in taxes while value-added tax refunds amounted to €6.4 billion. Gross revenues, as the difference in these figures, amounted to €5.5 billion.

The tax office in Trenčín accounted for the second highest share of the gross revenues, 8.4 percent, followed by the tax office in Banská Bystrica at 6.9 percent. Taxes collected by tax offices shrank by 1.2 percent compared with 2011, while gross revenues decreased by 5.4 percent y/y.

Topic: Finances and Advisory


Top stories

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.

Slovak archaeologists discover a key to understanding the Maya

Revolutionary laser technology has changed the view of current knowledge about the ancient Mayas. Slovak experts' findings are part of a major breakthrough in Maya archaeology.

Slovaks participate in a major breakthrough in Maya archaeology.

Will Kiska run for president?

Media reports suggest that Andrej Kiska will not run again. How does the situation look one year ahead of presidential election?

President Andrej Kiska