Slovak Police and Tax Authority Launch 'Tax Shield' Initiative to Combat Tax Fraud

Slovakia's Financial Administration and Police Force have signed a cooperation agreement and established an expert team called the 'Tax Shield' to jointly combat tax fraud. The initiative aims to block fraudsters' assets in a timely manner before they can be moved or hidden. The Financial Administration is Slovakia's tax collection agency, while the Police Force handles criminal investigations, making their collaboration significant for pursuing both administrative and criminal penalties against tax evaders. The partnership represents an enhanced approach to tackling tax fraud, which has been a persistent issue affecting government revenues in Slovakia.