Matovič introduces tax reform

It will be based on three pillars: fair taxes, a single tax and single levy and benefits of €200 per child.

Finance Minister Igor Matovič introducing the tax and levy reform. Finance Minister Igor Matovič introducing the tax and levy reform. (Source: TASR)

The 19-percent tax, introduced in 2004, was one reform measure that helped Slovakia become the Tatra tiger. The changes and exceptions that followed have however created an intricate system which Finance Minister Igor Matovič (OĽaNO) now wants to reform.

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Related article 2020 tax changes address exporting incomes into tax havens Read more 

“Slovakia inevitably needs a decent reform of taxes and levies that will be family-oriented, will simplify the tax system and will ensure that all entities paying taxes have the feeling that it is fair,” said Finance Minister Igor Matovič (OĽaNO) on Wednesday, May 5, while promising to present the final draft of the tax and levy reforms soon, probably in a couple of weeks.

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