IMF alerts Slovak Republic on VAT rate cut

The Slovak Republic's Ministry of Finance has unveiled a softened approach to the upcoming e-invoicing mandate through a draft VAT Act amendment currently under review. The proposal seeks to balance regulatory compliance with business readiness by

The Slovak Republic’s Ministry of Finance announced that it is advancing a modernised VAT framework designed to streamline compliance, level the competitive playing field between traditional and digital service providers, and strengthen anti-fraud

The Slovak Republic’s National Council voted down proposed changes to VAT registration requirements on 7 May 2026, ending plans to raise turnover thresholds for small businesses. This follows the consideration by the Slovak Republic parliament

The Slovak Republic’s Financial Administration has published further updates to its frequently asked questions on mandatory electronic invoicing in April 2025, adding new clarifications on VAT treatment and technical implementation requirements

The OECD has announced that the Slovak Republic has joined the International Compliance Assurance Programme (ICAP), increasing the number of participating countries to 25. ICAP is a voluntary risk assessment and assurance programme to facilitate

On 17 April 2026 the IMF held a press briefing on the Regional Economic Outlook for Sub Saharan Africa: Hard Won Gains Under Pressure. The IMF notes that Sub-Saharan Africa performed strongly in 2025, with regional growth estimated at around