Slovakias ranking in Paying Taxes 2013 survey improves to 100 from 135 .

By bne IntelliNews November 27, 2012
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).

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