Peter Varga, co-founder of the Highgate Group, spoke to TREND about possible changes to the Slovak tax system and the introduction of the so-called Estonian tax model. The basic principle is that companies do not pay tax on profits that remain within the company and are reinvested. Taxation occurs only when those profits are distributed to the owners.
In his article, Peter Varga points out that the Estonian model itself cannot be considered a universal solution. According to him, simplicity and, above all, the long-term predictability of the rules are equally important for the Slovak business environment. Companies need the assurance that the established tax system will not undergo fundamental changes with every new government.
You can read the full article here:
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Peter Varga, e-mail: peter.varga@highgate.sk
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