President Andrej Kiska’s company under eye of tax watchdogs

Topical issue

President Andrej Kiska’s company under eye of tax watchdogs

13. 09. 2017 14:21

The daily Denník N reported earlier this week that the Financial Administration and police had investigated the company Kiska Travel Agency (KTAG), which has President Andrej Kiska is a co-owner along with his brother Jaroslav. A tax inspection revealed that the firm had paid €27,000 less in income tax than it was supposed to. This was discovered through an anonymous tip who sent police resolutions and documents from tax offices to the daily, while two sources confirmed the investigation of Kiska's company. The company admitted a mistake, expressed regret, and paid the tax additionally; thus the deed was no longer considered a crime.

At a press conference on Tuesday, Kiska reacted to the news story and suggestions of tax evasion. "The right to write off VAT emerged in April 2014. As usual, the tax office came for an inspection. It didn't agree with how KTAG acted in its accounting and didn't agree with the VAT deduction. Subsequently, KTAG immediately paid VAT amounting to €9,337 and a penalty of €15,543," said Kiska, adding that a later inspection was also carried out into income tax, with KTAG subsequently paying €27,114 and an additional penalty of €2,711. The police later also investigated the matter, but they dropped it because "there was no reason to continue the investigation," said Kiska. While lamenting the leak of tax information, Kiska said that he doesn't have anything to hide.

Opposition MPs were quick to label the situation as a political attack on Kiska. "Clearly, this is a discreditation attempt," said 'We Are Family' party legislator Milan Krajniak. "First, there were the flights, now it's this. I expect more things to come up that will perhaps be intended to make the president take the hint that it might not be a bad thing to reconsider his candidacy in the next elections, that he should enjoy time off with his little child and look after his family instead of dealing with these sorts of scandals," said Krajniak. Parliamentary Vice-chair Lucia Ďuriš Nicholsonová (Freedom and Solidarity/SaS) and Freedom and Solidarity (SaS) MP Milan Laurenčík shared the view that the move is potentially to make him think twice about staying in politics.

Gavin Shoebridge, Photo: TASR

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