Banks will not have to provide information about all account transactions
- Vladimír Dohnal
- Sep 25, 2018
- 1 min read
The Finance Ministry abandoned a proposal obliging banks to send information of all transactions of companies and individuals to the tax authority FS once a year. It put forward the proposal to fight tax evasion more effectively, but backed down after fierce resistance from companies concerning bank secrecy and intrusion into privacy.
(sme.sk)
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