Front Matter Page
European Department
Authorized for distribution by Juan José Fernández-Ansola
Contents
I. Introduction
II. Brief Overview of the Reforms
III. Fiscal Effects of the Reforms: First Results
IV. Efficiency and Incentives
V. Distributional Implications
VI. Conclusions
Box
1. IMF Recommendations on Tax System Design
Figures
1. Slovak Republic: Effective Marginal Income Tax Rate, Single Taxpayer
2. Slovak Republic: Effective Marginal Income Tax Rate, Married Taxpayer (with non-working spouse and two children)
3. Slovak Republic: Labor Income and Net Income, 2003–04
4. Slovak Republic: Tax Structure
5. Slovak Republic: Tax Structure, including Social Contributions
6. Slovak Republic: State Benefits and Social Assistance
7. Composite Marginal Tax Rate, Single Taxpayer
8. Composite Marginal Tax Rate, Married Taxpayer (with non-working spouse and two children)
9. Tax Wedges and Earnings
10. Marginal Effective Tax Rates
11. Economic Growth and Employment, 1999-2004
12. Corporate Income Tax Rates, 1995-2004
13. Average Personal Income Tax Rate
14. VAT Burden and the Income Distribution
15. Excise Tax Burden and the Income Distribution
16. Average Composite Tax Rate
17. Average Composite Tax Rate, Excluding Non-Health SSCs
Tables
1. State Budget Tax Revenues, 2004
2. Estimated Impact of the 2004 Tax Reform
3. Social Contribution Rates
4. The Subsistence Minimum
References
Appendix I. Background Information on the Reforms