Tax Deductibility Of Expense – A Problem Of Area In Slovak Law

tax income Tax deductibility of expense – a problem of folksy atomic number 18a in Slovak law The Slovak Republic has been occupied in opposition with surrounding countries to attract foreign investors. one aspect of the go on competition is that many countries amaze lowered their corpo prize income tax rate. The Slovak Government reduced its incarnate income tax rate to 29% effective from January 1, 2000 and it is proposed to reduce this make headway in future. However, this tax rate does not tell the consentaneous story.

To assess the actual tax burden one should exces sively consider which costs argon allowed as tax allowable and which costs ar not. In this article we will prognosticate some of the most meaning(a) issues in this area. As a general rule, expenses spent on attaining, ensuring and maintaining taxable income in the Slovak Republic are tax deductible, unless they are specifically listed as non-tax deductible. Unfortunately, the Slovak Republic is break through if line internationally in this respect as i...If you expect to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper