Slovakia's 2004 Tax and Welfare Reforms

WPIEA2005133 Image
Price:  $15.00

Author/Editor: David Moore
Release Date: © July, 2005
ISBN : 978-1-45186-152-5
Stock #: WPIEA2005133
English
Stock Status: Available

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes

Description

The paper reviews Slovakia's comprehensive reforms to its taxation and welfare systems in 2004, including the introduction of a flat-rate income tax and single-rate value-added tax (VAT), and linkage of social benefits to participation in labor market programs. Though revenues following the reform are lower as a ratio to GDP, the paper argues that the reforms have helped encourage investment and improved efficiency by broadening the tax base, reducing the administrative burden, and improving work incentives. The paper also looks at some implications of the reforms for income distribution and social protection.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: Working Papers


More publications by: David Moore