PS Ready to Add Its Signatures to SNS's Proposal to Scrap Transaction Tax

Bratislava, April 14 (TASR) - The opposition Progressive Slovakia (PS) is willing to add the signatures of its MPs to an amending proposal that would scrap the transaction tax for certain entities, PS leader Michal Simecka told a news conference on Monday in reaction to junior governing Slovak National Party (SNS) leader Andrej Danko's statement regarding his proposal to drop the tax. "We're ready to take any steps in Parliament to have the tax scrapped. If Andrej Danko doesn't have enough MPs to submit the amending proposal, we're offering these signatures to him, and, naturally, our votes for scrapping this transaction tax as well," said Simecka. He called on President Peter Pellegrini and Danko to act rather than "make excuses" that the tax cannot be cancelled. "We've also offered a huge number of options for cost-saving instead of the €700 million that the tax is supposed to bring in," he stressed. The coalition SNS said during the weekend that it will present a proposal to cancel the transaction tax for small businesses and entrepreneurs at the House session in May. It initially planned to do so at the current session in the form of an amending proposal to the income tax law. However, it failed to find support for this within the coalition. The proposal aims to ensure that small businesses and entrepreneurs with an annual turnover of up to €100,000 are completely exempt from the transaction tax. The opposition 'Slovakia' party also claims that it would support SNS's proposal to scrap the transaction tax for small entrepreneurs and tradesmen. ko/df