INTEREZ.SK: BILLA HIT BY TRANSACTION TAX AND THEFTS – NEARLY €8 MILLION LOSS LAST YEAR

INTEREZ.SK: BILLA HIT BY TRANSACTION TAX AND THEFTS – NEARLY €8 MILLION LOSS LAST YEAR

In Interez.sk, the Slovak retail chain Billa reported a loss of nearly €8 million in 2025 despite rising revenues, citing the impact of the national transaction tax, higher costs and increased thefts. The article also highlights analysis from INESS, as part of the Epicenter network’s Alternative EU Budget project, showing that the proposed new EU corporate resource (CORE) would require Billa to pay approximately €750,000 to the EU budget even while making a loss. The analysis warns that such a turnover-based levy would apply regardless of profitability, further undermine European competitiveness and encroach on national tax competences.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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