Best corporate taxpayers awarded

The company that paid the highest corporate tax for selected tax subjects was Kia Motors Slovakia.

Kia plant near Žilina. Kia plant near Žilina. (Source: Courtesy of Kia Motors Slovakia)

IN AN EFFORT to motivate better paying of taxes, the Slovak Financial Administration awarded the best payers of corporate taxes in individual regions of the country, as well as the best one nationwide, for selected tax categories.

These include companies that paid the highest corporate tax for 2014, the SITA newswire wrote in December 2015. Within the national Tax Office, the company that paid the highest corporate tax for selected tax subjects was Kia Motors Slovakia, for already the third time.

“We wanted to set the criteria as fair as possible,” President of the Financial Administration (FS), František Imrecze, said. “The competition is organised in a way that we award taxpayers for each region individually and separately for selected tax subjects. I deem this event important for companies. As thus, the FS gives them feedback that it notices and appraises their financial discipline. It considers them a crucial example for other companies.”

For the taxation period of 2014, Kia paid €103.95 million in income tax. So far, Kia Motors Slovakia has paid – only in income tax of legal entities – more than €240 million; which means it paid more to state coffers than it received in state stimuli after it had arrived to Slovakia.

The “Best Climber of the Year” prize for the tax subject which marked the biggest increase in corporate tax paid year-on-year went to the eustream company.

In Bratislava Region, the best payer of corporate tax is Jadrová a vyraďovacia spoločnosť (JAVYS); in Košice Region Východoslovenská energetika (VSE) energy company; in Banská Bystrica Region Slovenská Banská; in Nitra Region de Miclén company; in Prešov Region Muller Textiles Slovakia; in Trenčín Region Pharmaeduca; in Trnava Region Respect Slovakia, and in Žilina Region Dhollandia Central Europe. 

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