Related article Within EU, Slovakia’s tax burden on labour is too high, property taxes low Read more
In addition, both Hungarian and Slovak FTT policy are potentially against the VAT principles and competitiveness of the European market, and could even impact its overall fiscal stability if more and more countries imitate Hungarian and Slovak FTT policy.
Last but not least, the overall impact of the new Slovak FTTA contradicts the free movement of capital under the EC treaty. The advisory firm BMB Partners TAXAND has prepared an in-depth-analysis focusing on international tax law that was provided to the German Chamber of Commerce in Slovakia and other international business chambers of EU countries here, so that these can address the issue with the European Commission.
Renáta Bláhová is partner at BMB Partners TAXAND and member of the Advisory council of the German Chamber of Commerce in Slovakia
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Publish date : 2024-10-21 08:56:00
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