The tax and contribution reform in Slovakia that was prepared (and was
subject to approval procedure) in 2011 was a reaction to deficiencies in
the Slovak tax and contribution system and was to improve the business
environment in Slovakia. The reform was aimed at reducing the high
administrative burden (multiple reporting of the same data to several
institutions), time intensiveness and the costs of fulfilling tax and
contribution obligations by undertakings.
Milestones for future tax reform in Slovakia
The tax and contribution reform in Slovakia that was prepared (and was subject to approval procedure) in 2011 was a reaction to deficiencies in the Slovak tax and contribution system and was to improve the business environment in Slovakia. The reform was aimed at reducing the high administrative burden (multiple reporting of the same data to several institutions), time intensiveness and the costs of fulfilling tax and contribution obligations by undertakings.
Prepared by AmCham member: IB Grant Thornton Consulting
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