Jaguar Land Rover will save on taxes in Slovakia

Jaguar Land Rover will save on taxes in Slovakia

The carmaker Jaguar Land Rover may lose part of its profits due to Brexit. According to the magazine Forbes, the estimated losses of the company are at the level of approximately 1.37 billion euro. On the other hand, Jaguars new construction plant to be built near Nitra, in Slovakia, should help with the profits. Since Slovakia is a member of the European Union, the cars produced here will not be subject to the new tax burden. The first car should leave the plant in Nitra in 2018.


Zuzana Botíková, Photo: AP/TASR

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