The Slovak newspaper Trend reports that a last attempt at blocking the so-called developer tax is playing out the country’s parliament. The new tax on private construction projects is intended to produce revenues that can be used for investment in public areas, including roads, sidewalks and parks. The law, which is to come into effect in November, was supposed to act as a guard against corruption, but critics worry that it could make the situation worse in this regards. Members of the Most-Hid party have criticized the fact that the current version of the law would apply even to reconstruction projects and to the installation of new insulation and energy efficient facades. They’re trying to push through at least amendments to the developer tax before it comes into effect.
