The Slovak Republic’s Parliament voted down two proposed bills seeking to amend the Financial Transaction Tax (FTT) Act and revise the Excise Duty Law on Mineral Oil on 15 April 2025.

Financial Transaction Tax (FTT) Act amendment

The amendments aimed to broaden the range of entities exempt from FTT, specifically including registered social enterprises established under specialised legislation governing the social economy and social enterprises.

This follows after the Parliament accepted a draft bill to amend the FTT Act on 15 April 2025, which focused on expanding exemptions for individuals and entities.

Excise Duty Law on Mineral Oil

The parliament has voted against this draft bill because the amendments proposed in this legislation aimed to temporarily lower the excise duty rates on unleaded motor fuels and diesel (gas oil).

Earlier, the Slovak Republic’s Parliament accepted a proposal to consider a draft bill amending the Excise Duty Law on Mineral Oil on 17 January 2025.