AmCham Slovakia


Fighting tax fraud and tax evasion – Plans, Commitments and Actions

Letter to members by Peter Kažimír, Minister of Finance of the Slovak Republic

Tax fraud and tax evasion negatively affect all areas of the social and economic environment. The distortion of competition is the consequence of unfair competitive advantages for some taxpayers arising from tax fraud. The striking impact of tax fraud is reflected in decreasing state revenues resulting in a failure of state to perform tasks in the field of defence, security, health care, social security, education, research and development.