Slovakia ranked 100th out of 185 surveyed economies in the Paying Taxes 2013 study by global consultancy PwC and the World Bank Group, improving its position from 135th in the previous ranking. The study investigates and compares tax regimes across 185 economies worldwide using a case study company, and ranks them according to the ease of paying taxes. On average around the world, a case study company makes 27.2 payments, takes 267 hours and has a tax cost of 44.7% of its commercial profit. In Slovakia, companies make on average 20 tax payments that take 207 hours each year, and have a tax cost of 47.9% of their profits. In regional comparison, Slovakia ranked better than Poland (114), Hungary (118) and the Czech Republic (120). |
German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more
Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more
France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more