2. Tax Fraud and Tax Avoidance Rationale and Solutions Dr. Richard Ďurana INESS – Institute of Economic and Social Studies

3. European Commission Press release (Brussels, 6 December 2012) Clamping down on tax evasion and avoidance: Commission presents the way forward "Around one trillion euros is lost to tax evasion and avoidance every year in the EU. Not only is this a scandalous loss of much-needed revenue, it is also a threat to fair taxation.

4. Total government expenditures (EUR mil.) www.cenastatu.sk

5. State Waste (evidence based and documented in print media): over EUR 3.0 bln. since 2007 www.plytvanie.sk

6. Doing Business 2013 (The World Bank) Paying Taxes

7. Conclusions: Tax fraud is a problem, tax avoidance is a signal VAT – a change in scheme (simpler schemes, sales tax?) Income tax – decrease, along with administrative burden decrease