BRATISLAVA, June 26, (WEBNOVINY) — Tax revenue of the Slovak Republic in the first five months of this year reached EUR 3.292 billion, representing 85.63 percent of the projected sum. The collected amount was 14.4 percent short of the plan. At the end of April tax revenue was still just 2.4 percent behind the budgeted amount. Non-tax revenue represented EUR 108.6 million at the end of May, the Tax Directorate reported. Total revenue reached EUR 3.4 billion, which resented 88.46 percent of the projection.
Revenue from income tax, profit and capital gains tax reached EUR 768.9 million, which represented 84.16 percent of the budgeted level. Domestic taxes on goods and services of EUR 2.5 billion lagged behind projections, too, meeting the projection at 87.2 percent. Taxes on international trade and transactions contributed over EUR 12.6 million. The collection of value-added tax amounted to EUR 1.73 billion, being 85.9 percent of the expected revenue. Collection of excise taxes totaled EUR 775.7 million.
Tax and customs offices are expected to collect EUR 9.228 billion according to the state budget. Last year, tax revenue of the state reached EUR 7.962 billion, down 0.8 percent y/y. Non-tax revenues of the state budget dropped 17.7 percent y/y last year to EUR 681.3 million.
SITA
