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Tax Revenue forecasts

Tax Revenue Forecasts Committee

The Tax Revenue Forecasts Committee exploits the outcome of activities performed by the Macroeconomic Forecasting Committee. Tax revenues and social insurance contributions account for most of the public administration expenditure and the estimation thereof is marked by a considerable degree of uncertainty, as it is in the case of the economic environment. Any such uncertainty opens room for potential suspicions that the revenues have been deliberately overestimated or underestimated by the institutions accountable for the preparation of public budgets. The Tax Revenue Forecasts Committee is therefore required to contribute to strengthening public control over the process of constructing the public administration budget, such a contribution being achieved by engaging the expert public in the relevant discussions.

The Committee members include representatives of the following institutions: MF SR, NBS, INFOSTAT, SLSP, Tatra banka, CSOB, UniCredit Bank, VÚB, The Office of the Council for Budget Resposibility. The Committee holds its sessions at least three times a year during the main stages of preparation of the national budget. It sits in order to discuss preliminary forecasts delivered by the Ministry of Finance, which predictions can be subsequently modified respecting the prevailing opinion of the Committee. The outcome of such discussions includes, among other things, an overall evaluation of the character of said forecasts, i.e. whether a conservative, realistic or optimistic forecast is concerned. The evaluating criterion is a one-per cent interval around the Finance Ministry’s ultimate forecast for the total income from taxes and social insurance contributions.

 Statute The Tax Revenue Forecasts Committee

Tax forecasts 

 Year 2022

 Year 2021

Year 2020 

Year 2019

Year 2018 

Year 2017 

Year 2016 

Year 2015 

Year 2014 

Year 2013