Draft amendments to the Slovak value added tax (VAT) law would give the following procedural changes:
- When claims are filed during the course of a tax examination, with the revised rules to allow a partial repayment based on already audited portions of the excess deduction before the completion of the tax inspection the rules need to revise that are applying for “repayments of excess deductions”
- Revisions to the rules for determining if an entity may be detached from the “blacklist” of unreliable VAT payers, by reducing the period for measuring non-compliance from 12 months to 6 months (i.e., the VAT payer has not failed to meet the VAT compulsions for this period of time).
