Slovak Republic: Parliament rejects bill to limit fine deadlines for administrative offences
The Slovak Republic’s Parliament on 15 April 2025 voted against a proposed amendment to the Tax Code. The draft bill sought to introduce a deadline after which fines could no longer be imposed for specific administrative
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Slovak Republic: Parliament rejects bill to exempt healthcare providers from financial transaction tax
The Slovak Republic’s Parliament has rejected a draft bill to amend the Financial Transaction Tax (FTT) Act on 15 April 2025, which sought to exempt healthcare providers established under special healthcare legislation from FTT. Earlier, the
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Slovak Republic: Parliament rejects bill to ease advance income tax rules for some taxpayers
The Slovak Republic Parliament has rejected a bill that brings amendments to the Income Tax Act on 15 April 2025. This legislation grants small and medium-sized enterprises, including both individual entrepreneurs and legal entities, greater
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Slovak Republic: Parliament rejects higher VAT threshold bill
The Slovak Republic Parliament rejected a bill to amend the VAT Act on 15 April 2025. The proposal aimed to raise mandatory VAT registration thresholds for businesses from EUR 50,000 and EUR 62,500 to EUR 75,000. Earlier, the Slovak Republic
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Slovak Republic: Parliament rejects bills to exempt social enterprises from financial transaction tax and to lower excise duty on motor fuels
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
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Slovak Republic: President approves amendments to rental housing and VAT laws
The President of the Slovak Republic has signed the bill revising the Law on State Support for Rental Housing on 15 April 2025. This legislation also introduces amendments to the Value Added Tax (VAT) Law as it applies to rental housing within
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Slovak Republic: Parliament approves draft to amend financial transaction tax
The Slovak Republic Parliament has accepted a draft bill to amend the Financial Transaction Tax (FTT) Act on 15 April 2025. The latest amendment focuses on expanding exemptions for individuals and entities. The proposed amendments seek to exempt
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Iran, Slovak Republic sign protocol amending income tax treaty
Iran and the Slovak Republic have signed a protocol amending the 2016 Iran-Slovak Republic income tax treaty on 9 April 2025. The income tax treaty between Iran and the Slovak Republic was signed on 19 January 2016, in Tehran. This treaty aims to
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Slovak Republic: Parliament rejects reopening financial transaction tax debate
The Slovak Republic’s parliamentary speaker has rejected discussion of the draft bill proposing to abolish the financial transaction tax, citing its violation of the Procedure Act rules. Earlier, the parliament passed a second amendment to the
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Slovak Republic updates VAT return form template
The Slovak Republic’s Ministry of Finance presented an updated VAT return form and template on 21 March 2025. The updates align with the legislative changes to VAT law, which go into effect on 1 July 2025. Changes to VAT law will activate the
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Slovak Republic limits input VAT deduction to 50% on motor vehicles and motorcycles
The Slovak Republic Ministry of Finance has announced that businesses can only claim a 50% VAT deduction on passenger vehicles, fuel, repairs, and maintenance, effective 1 July 2025. This will raise acquisition and operating costs by over
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Moldova, Slovak Republic tax treaty protocol goes into effect
The protocol to amend the 2023 Moldova—Slovak Republic Income and Capital Tax Treaty will take effect on 1 May 2025. The protocol, signed on 10 September 2024, aligns the treaty with the latest international standards based on OECD/G20 BEPS
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Slovak Republic considers reinstating tax exemption on capital gains on private shares
The Slovak Republic government has approved Update No. 3 of the Action Plan for the National Strategy on Research, Development, and Innovation on 3 February 2025. This update also includes tax measures and is a part of the government Resolution
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Slovak Republic passes second amendment to financial transaction tax act
The Slovak Republic’s parliament has passed a second amendment to the Financial Transaction Tax Act, set to take effect on 1 April 2025. The amendment expands taxpayer exemptions to include schools, extends exemptions for attorneys and public
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Slovak Republic passes draft bill for DAC8 implementation
The Slovak Government has approved a draft bill to implement Council Directive (EU) 2023/2226 (DAC8), which introduces new reporting and due diligence rules for crypto-asset service providers. This follows after the Slovak Republic’s Ministry
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Slovak Republic: Parliament weighs cutting fuel and gas oil excise tax
The Slovak Republic’s Parliament has accepted a proposal to consider the draft bill amending the Excise Duty Law on Mineral Oil on 17 January 2025. The bill proposed lowering the excise duty on unleaded motor fuels (CN codes 2710 12 41, 2710 12
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Slovak Republic: Parliament considers corporate tax rate cuts, extension of loss carryforward period
The Slovak Parliament is reviewing proposed bills to lower corporate tax rates and extension of the loss carryforward limit in the country. One of the draft bills advocate reducing the corporate tax rate to 16% from the standard rate of 21% and
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Slovak Republic: Parliament considers restoring 20% VAT rate
The Slovak Parliament is reviewing four proposed amendments to the VAT Act. The first bill expands the 5% reduced VAT rate to include certain mixes and doughs for baked goods. The second bill extends the 5% rate to menstrual hygiene products like
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