7. December 2012 at 10:00

OECD: Slovakia should improve its tax collection

Angel Gurria, the secretary-general of the Organisation for Economic Cooperation and Development (OECD), has recommended that the Slovak Government should improve its tax collection system. He made the comments during an official meeting with Prime Minister Robert Fico on Thursday, December 6, the TASR newswire reported.

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Angel Gurria, the secretary-general of the Organisation for Economic Cooperation and Development (OECD), has recommended that the Slovak Government should improve its tax collection system. He made the comments during an official meeting with Prime Minister Robert Fico on Thursday, December 6, the TASR newswire reported.

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"It's difficult to collect taxes anywhere in the world, but I feel that it's even more complicated in Slovakia," he said. He also pointed out that the country should re-evaluate the tax structure and change it in such a way that it will be less damaging to the country's economic growth. According to Gurria, the tax burden should shift from direct to indirect taxes – lower for earnings of individuals but higher consumer and property taxes – as this is proven to contribute to job creation.

During his talks with Fico, Gurria also broached topics such as the labour market and the education system. In this regard, Gurria said that the unemployment rate in Slovakia is the fifth highest among the OECD's 34 member countries and recommended that Slovakia engage in more effective labour market policies. As for education, Gurria called on Slovakia to focus on inclusion of students from socially-disadvantaged communities and to increase the effectiveness of the school evaluation system.

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Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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