Fiscal Policy: OECD Warns Slovakia

Politics ♦ Published: December 8, 2012; 00:45 ♦ (Vindobona)

OECD´s Secretary General Angel Gurria calls Slovakia to improve its fiscal efficiency. The tax collection must be professionalized, he says.

Fiscal Policy: OECD Warns Slovakia / Picture: © Vindobona.org

According to OECD, Slovakia must repair its tax collection system. After a meeting with Slovak Prime Miniter Robert Fico, Gurria explained that the system in Slovakia is one of the most complicated in the world. Gurria thinks that the tax structure should be changed. Above all, there would be too many direct taxes. As a result, income taxes should be lowered, VAT may increase, he…

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OECD, Robert Fico, Slovakia, Fiscal Policy, Taxation, Flat Taxes, VAT, Income Taxes, Public Debt, Budget Deficit, Austerity
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