Current challenges in the Slovak taxation systemThe Government of the Slovak Republic has committed itself to reduce the VAT collection gap (20%) to the EU average (11%). However, several challenges have been detected in hindering the new trends in tax evasion development.
One of them is the time-delayed data acquisition from the invoices issued by the taxpayers. This does not allow the Tax authorities to react operatively to identified suspicions of any unfair practices.
Furthermo…