Automatic Indexation of Income Tax Brackets Slated for Abolition

Ljubljana, 29 August - The government adopted on Thursday amendments to the income tax act eliminating the automatic indexation of income tax brackets to inflation as a means of securing additional tax revenue. It expects to rake in an additional EUR 30m per year as a result of the changes.

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

The rest of this news item is available to subscribers.
The news item consists of 744 characters (without spaces) or 137 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

zm/sm/bg/mas/gz
© STA, 2013