Bloomberg News

Slovakia Plans to Raise Corporate Income Tax to 23%, Sme Reports

May 25, 2012

Slovakia’s government plans to raise the corporate income tax rate to 23 percent from 19 percent as the eastern euro-region member seeks to boost revenue to trim the budget deficit, Sme reported, citing premier Robert Fico.

The change would boost revenue by 370 million euros ($465 million) a year, the newspaper said citing government estimates.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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