Volkswagen has paid the most on taxes in Slovakia

The company considers the award as an appreciation of their effort and success in its core business.

Volkswagen SlovakiaVolkswagen Slovakia (Source: TASR)

Together with its fellow workers, Volkswagen paid more than €250 million on direct taxes and contributions in 2017, up by 15 percent compared with the previous year. At the same time, the car maker received the Tax Payer of the Year award on November 6.

Read also:Automotive industry gets a boost but also faces challenges Read more 

“We consider the award an appreciation of our effort and success in our core business: the production of quality cars for demanding customers across the globe,” said Ralf Sacht, the chair of the board of directors at Volkswagen Slovakia, as quoted in a press release.

What is the award about?

Volkswagen Slovakia launched its production in 1991 and has produced over five million vehicles since then. Not only is Volkswagen Slovakia, with its 13,700 workers, the biggest private employer in Slovakia, but the company has also invested more than €4 billion since its arrival to Slovakia.

Read also:Only one Slovak company remains among the best in CEE region Read more 

The list of the biggest taxpayers has been compiled by the Trend weekly and consulting company BMB Leitner.

The award takes into account corporation tax, income tax on dependent activity and contributions of employers and employees.

Top stories

News digest: Prosecutor calls charges against journalists unlawful and unfounded

Editors-in-chief supported accused journalists before charges were dropped. Poll unveils how an ideal foreigner should look. No vote on changes to the Citizenship Act.


7 h
The latest Focus poll has found that 57.7 percent of Slovaks think the government should not be lenient when it comes to taking refugees in.

Show us you belong and we will accept you. Poll shows Slovaks' attitudes to foreigners

The latest Focus poll unveils how an ideal foreigner looks to Slovaks, and if Slovakia can ever become a home to foreigners.


20. sep
The media have condemned the change, approved by MPs, that extends the moratorium to 50 days

We condemn the latest attack against journalists

Slovak journalists stand behind their colleagues from Denník N.


18 h
Former special prosecutor Dušan Kováčik escorted to the courtroom on September 20.

The ten strongest points of the verdict against former special prosecutor

Dušan Kováčik is the first high-ranking official under the Smer-led governments to hear a guilty verdict on corruption charges.


15 h
Skryť Close ad