ARTICLE
21 October 1997

Slovak News - July 97 - The Act On Excise Duties

Slovakia Accounting and Audit
Parliament approved an amendment to the Act on Excise Duties for hydrocarbons and lubricants with the aim to increase taxes. It is expected that the price of petrol should increase from 0,50 to 0,80 crowns per litre with effect from 1 August 1997 (see June edition of Slovak Taxnews).

The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.

For further information contact Mr Frank Walsh on +421 7 5340 545 Email directly on frank.walsh@arthurandersen.com.


You may also wish to read through related material on the Slovak Republic provided by Arthur Andersen. You can view the entire archive via the Internet on Business Monitor Online (http://www.businessmonitor.co.uk), or via your online provider by entering "Arthur Andersen" and "Business Monitor" as a free text search.

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