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Retroactive Tax on Executive Pay Annulled

Ljubljana, 17 December - The Constitutional Court has annulled a 2009 law that imposed an extra 49% tax on executive pay over a ceiling amount in the part imposing the tax retroactively. The law slapped the tax on EUR 1m bonus paid to NLB chairman Marjan Kramar upon retirement from the office in February 2009.

Ljubljana
The Constitutional Court declares its ruling on the fiscal consolidation act, a law imposing extra crisis tax on executive pay.
Photo: Daniel Novakovič/STA

Ljubljana
Finance Ministry State Secretary Mateja Vraničar comments on the Constitutional Court's ruling on a law imposing extra crisis tax on executive pay.
Photo: Daniel Novakovič/STA

Ljubljana
Finance Ministry State Secretary Mateja Vraničar accepts the Constitutional Court's ruling on a law imposing extra crisis tax on executive pay.
Photo: Daniel Novakovič/STA

Ljubljana
The Constitutional Court declares its ruling on a law imposing extra crisis tax on executive pay.
Photo: Daniel Novakovič/STA

Ljubljana
The Constitutional Court.
Photo: Daniel Novakovič/STA

Ljubljana
The Constitutional Court declares its ruling on a law imposing extra crisis tax on executive pay.
Photo: Daniel Novakovič/STA

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© STA, 2013