Slovaks to Tax More Energy, Telecommunication Sectors, Sme Says

Slovakia will introduce a 4.2 percent surcharge on the income-tax rate for regulated companies such as in the energy and telecommunication sectors, Sme reported citing Prime Minister Robert Fico.

All companies with a profit of at least 3 million euros ($3.74 million) and whose main activities are regulated by the state will be subject of the additional tax, Sme said. The surcharge will be levied on top of a regular income tax, which the government plans to raise to 23 percent from 19 percent, the newspaper said.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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