Tax aspects of mining companies in V4 countries

the statistics include to tax incomes all obligatory fee of the public
sector, which is not based on principles of equivalency. In this case,
taxes can be defined as obligatory fees of the public sector, to which
governments do not provide direct equal consideration. Modern tax
systems are based on the taxation of incomes, consumption, and
property. The trend in the area of EU countries taxation is a
transition of the tax burden from incomes and capital to
consumption. Mainly conditions of mining organisations are
presented in the contribution when tax rates and trends in the area of
income tax of mining organisations are described. The goal of the
contribution is to describe the tax burden of business subjects
(mining and extraction organisations) in Hungary, Slovakia, Poland,
and the Czech Republic. In the contribution, we orientate the
research to a detailed analysis of tax rates in chosen countries. The
contribution consists of results conclusions, found by analysis, as
well as by comparison of the tax burden of V4 business subjects.
The result of the problem analysis presents suggestions of the tax
mix change and transition to the relatively high tax burden of a job,
mainly for low-income employees, to the lower tax burden of high
taxes, as for example, environmental taxes. The results are useful
for the management of mining organisations, which provide a
possibility of financial savings. On the international level, the
results serve for the comparing of the financial situation of mining
organisations in V4 countries, which is suitable for a determination
of raw material states policies.