Development of Income Taxes in Slovakia and the European Union in the Light of Recent Economic Changes in Europe

Political, economic, and social developments in the world have undergone relatively turbulent changes over last two decades. The European Union has not avoided them either. Naturally, any such change directly or indirectly affects national economies of individual countries. Governments adapt to new conditions through measures areas employment, production, taxes, levies, like. This paper aims examine development income taxes Slovakia other countries EU. Personal tax corporate are most significant direct all Member States terms collection volume. Their varies from one region Europe another. Therefore, idea greater harmonization regularly runs into arguments favor maintaining competition. seeks similarity systems suggests a possible procedure their further convergence.