Firms will get grades for reliability starting 2018

The Financial Administration (FS) has been preparing a chart grading the reliability of Slovak companies that will help them fine-tune rules.

František Imrecze, head of the Financial Administration František Imrecze, head of the Financial Administration (Source: TASR)

The Financial Administration (FS) is working on a tax reliability index, with its head Frantisek Imrecze presenting the project at a parliamentary committee session on March 15.

"We will check on those who are unreliable even more than now,” Imrecze said, adding that if a reliable source makes a mistake, FS will strive for a milder punishment.

The index will consider over 40 criteria but companies will not know their evaluation. It is not yet known whether the criteria will be disclosed publicly, the Hospodárske noviny daily wrote.

The IT system to generate the index will cost €2.7 million. The contract was given to the company Lynx, which developed the VAT ledger system for tax authorities.

The Financial Administration will inform the firms on potential advantages in case they are reliable.

The first evaluations are expected by January 2018.

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.

Theme: Economics


Top stories

Massive gatherings remember Kuciak and Kušnírová: We did not forget!

One year after the murder of journalist Ján Kuciak, large protests took place around Slovakia.

Protest gathering in Bratislava, February 21, 2019.

Owls indicate spring is coming

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

Long-eared owl

Murder of journalist: We need to see indictments of masterminds soon

International journalists’ organisations are “cautiously optimistic” after meeting investigators of the Kuciak murder.

Ján Kuciak

Ján Kuciak and Martina Kušnírová were murdered one year ago (timeline)

These are the notable moments of the first year since the murder.

Paying tribute to Ján Kuciak and Martina Kušnírová.