Slovakia has the highest income tax in Central and Eastern Europe according the latest survey by KPMG aimed at the tax burden throughout the world.
According to the survey, since January of last year, nine countries including Slovakia have increased income taxes and 24 countries around the world have reduced it. At present, corporate income tax in Slovakia stands at 22 %. Based on the KPMG survey, compared to the period when the applicable rate was 19 %, this means a percentage increase of almost 16 %.
Gavin Shoebridge