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Slovakia Moves to Reduce Business Penalties After Tripling Fines

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The Slovak government plans to soften business penalties it previously tripled, introducing a "second chance" policy before imposing sanctions. The Financial Administration wants to modify fines under the sales registration law as part of a pro-business package aimed at improving Slovakia's economy. The changes follow the Langoš case, which highlighted concerns about excessive bureaucracy, harassment by tax inspectors, and disproportionate penalties for business tax violations. The government now seeks to amend the same tax legislation it previously enacted, responding to criticism that current enforcement practices harm the business environment.

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