THE IMPLEMENTATION OF GREEN TAXES INTO THE ECONOMICS

The global community is facing immense challenges in dealing with environmental issues. The OECD, IEA and the European Commission have agreed to define environmentally related taxes as any compulsory, unrequited payment to general government levied on environmentally relevant tax-bases. An increasing number of countries are implementing green tax reforms, and others are contemplating doing so. This paper deals with the already implemented green taxes reforms in Slovak tax system and with their impact on selected economic indicators.