Slovakia's 2004 Tax and Welfare Reforms

 
Author/Editor: Moore, David
 
Publication Date: July 01, 2005
 
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Summary: The paper reviews Slovakia's comprehensive reforms to its taxation and welfare systems in 2004, including the introduction of a flat-rate income tax and single-rate value-added tax (VAT), and linkage of social benefits to participation in labor market programs. Though revenues following the reform are lower as a ratio to GDP, the paper argues that the reforms have helped encourage investment and improved efficiency by broadening the tax base, reducing the administrative burden, and improving work incentives. The paper also looks at some implications of the reforms for income distribution and social protection.
 
Series: Working Paper No. 05/133
Subject(s): Tax reforms | Slovak Republic | Income taxes | Value added tax

Author's Keyword(s): Tax reform | welfare reform | Slovakia
 
English
Publication Date: July 01, 2005
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA2005133 Pages: 36
Price:
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