ARTICLE
29 April 1996

Slovak News - Jan 96 - Legislation News

Slovakia Employment and HR
ACT ON PRICES

The Government approved the Law on Prices which has rules for determining, regulating and controlling of prices of goods and services, as well as leasing and immovables. This Act also determines operations of state administration in prices for the domestic market along with prices for imported and exported goods and services.

MUTUAL AGREEMENT BETWEEN SLOVAK REPUBLIC GOVERNMENT AND BULGARIA GOVERNMENT ABOUT COOPERATION.

The Governments of both countries pledged to approve provisions for support of mutual economic cooperation.

CLASSIFICATION OF PRODUCTION

A new classification of production came into effect from January 1, 1996. It is listed in collection of laws under No. 172/1995 with related direction No. 24/1996.

REAL ESTATE TAX

Amendment of Real Estate Tax No. 279/1995 Coll. came into force from January 1, 1996. The amendment is related to law No. 317/1992 Coll. One the most important changes is the fact that some kinds of land are exempt from tax.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

For further information contact Richard Fletcher, Arthur Andersen, Prague, Tel +42 2 2440 1300, or enter a text search 'Arthur Andersen' and 'Business Monitor'.

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