On 16 April 2021, the Slovenian Ministry of Finance (MoF) has proposed several amendments to tax changes including the Bill on Amendments to the Value Added Tax (VAT) Act, the Bill on Amendments to the Corporate Income Tax Act, and the Bill on Amendments to the Personal Income Tax Act. The main proposals are listed below.
- introduces anti-hybrid mismatch rules for reverse hybrid mismatches according to EU Anti-Tax Avoidance Directive;
- introduces new rules regarding anti-tax haven provisions;
- a new incentive to invest in the green and digital transition. This includes a deduction of up to 40% of the investments in a tax year;
- increase partly deductible expenses from 50% to 60% (entertainment costs, and costs of the supervisory board);
- increase tax relief (from 20 to 80%) for carrying out practical training within professional education and donations;
- claiming a deduction of value-added tax also for personal motor vehicles for the performance of activities, namely for vehicles without carbon dioxide emissions;
- taxable persons will no longer be required to submit a list of invoices received and issued at the time of the first assessment of value-added tax;
- tax relief from labor income (including a gradual increase in general relief);
- decrease capital gains tax rate from 27.5% to 25% for individuals.
The proposals submitted for inter-ministerial coordination are expected to apply from 1 January 2022.