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OECD: Slovak taxes low, payroll taxes remain high.

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| April 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Slovak Spectator)

ALTHOUGH Slovakia has relatively low income taxes, the state still claims a relatively high share of the wealth generated in the form of payroll taxes to the social insurer Socialna poisov"a and health insurance companies, according to a report by the Organization for Economic Cooperation and Development (OECD).

A single childless person who earned an average income in Slovakia paid 38 percent of his or her gross wage in income and payroll taxes combined, which is ...

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