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Slovenia Should Expand Tax On Properties, IMF Says

by Ulrika Lomas, Tax-News.com, Brussels

30 March 2016


The International Monetary Fund (IMF) has "strongly" encouraged Slovenia to introduce a modern, broad-based property tax from 2017.

While the tax could first be introduced on a revenue-neutral basis, until its implementation is tested and technical issues resolved, in the medium term it should boost government revenue, the IMF said.

The IMF also said that the Government's plan to shift the burden of taxes away from labor would appropriately reduce companies' labor costs and support employment growth. The resulting revenue loss should be offset by raising excise taxes on fuel, given the current low energy prices, and tightening transfer pricing rules to raise corporate income tax receipts, it said.

TAGS: tax | Slovenia | property tax | revenue guidance | energy | International Monetary Fund (IMF) | excise duty | transfer pricing | tax reform

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