BRATISLAVA, June 4, (WEBNOVINY) — The tax administration in the Slovak Republic has managed to fulfill one of its two main targets for tax collection last year, i.e., the success rate of tax collection. In 2011 it reached 98.24 percent while the target was set at 96 percent. Tax administration has achieved the required level of success rate in tax collection, which is measured as a proportion of the due tax for the current year to the paid tax, in all monitored types of taxes. However, the tax administration was unable to fulfill another key indicator, which was to increase the efficiency of the tax administration.
The efficiency of tax administration is measured as a proportion of gross tax revenue and other revenue per tax administration employee. For the year 2011, the target was set at 2.57 million euros per employee. The real efficiency was 2.28 million euros, meeting the set target to just 89 percent. „Despite the efforts of the tax administration in the area of tax collection, increased labor input, control and execution activities, what was taking place alongside a reduction of the number of employees, performance objectives were not achieved to the desired level due to the unfavorable economic situation in the Slovak economy,“ said the Tax Directorate of the Slovak Republic in its annual report. The efficiency of tax administration in 2010 reached 1.96 million euros per employee, making the tax administration to meet the target to just 81 percent.
Tax collection by the tax administration in 2011 amounted to 12.093 billion euros, representing a year-on-year increase of 13-percent. Thereof, the tax administration transferred to the state budget 4.106 billion euros, representing 47.2 percent of total state budget revenue.
SITA
