Slovak Republic and Armenia: DTA signed
The Ministry of Foreign Affairs of Armenia has confirmed that a Double Tax Agreement (DTA) between Armenia and Slovakia has been signed on 15th May
See MoreDTA between Malaysia and Slovak Republic signed
A Double Tax Agreement (DTA) between Malaysia and Slovak Republic has been signed on 25th May
See MoreSlovak Republic: Proposed amendments to tax legislation
The Slovak Republic has proposed changes in the tax legislation including corporate income tax, personal income tax and value added tax. The amendments should come into force from 1st January 2016. The changes are summarized below: Corporate
See MoreOECD Working Paper makes recommendations on Slovak tax policy
The OECD has published a Working Paper entitled “Moving beyond the flat tax: tax policy reform in the Slovak Republic”. The paper looks at the Slovak tax system and how it has developed in recent years, and makes various policy
See MoreSlovak Republic: Proposal for VAT due on payment from customer
A pending proposal regarding the time when the VAT is to be remitted would revise in Slovak Republic. So VAT would be due at the time of customer payment received. It would affect when an input VAT deduction claim could be made. It is expected that
See MoreSlovak Republic-Guernsey TIEA enters into force
The Tax Information Exchange Agreement (TIEA) between Guernsey and Slovakia has signed and will come into force on 26th January
See MoreSlovak Republic: Law amendments regarding excise duties signs
The amendments to the law related to excise duties were signed by the President on 19th November
See MoreCzech Republic-Slovak Republic Exchange of Information Agreement signs
The Tax Exchange of Information Agreement (TIEA) between Czech Republic and the Slovak Republic has signed on 13th November 2014 in Bratislava. Details of the treaty will be reported
See MoreSlovak Republic: Tax amendments for 2015 has approved by the Parliament
The Parliament of Slovak Republic has approved the proposed changes regarding the Income Tax Act on 30th October 2014 and it is to be in effect from 1st January 2015. The amendments are basically held on thin capitalization rules, local transfer
See MoreSlovak Republic: Changes to law on excise duties
National Council has adopted some changes in the laws regarding excise duties on 22 October 2014. The provisions will be in effect from 1st December 2014 including with some exceptions whether the amendments are signed by the
See MoreSlovak Republic: Regulation regarding binding rulings has published
The Ministry of Finance published Regulation No. 229/2014 that gives the tax aspects for which binding rulings may be issued and this regulation came into effect from September 1, 2014. On the basis of the regulation, binding rulings can be issued
See MoreSlovak Republic: New guidance regarding transfer pricing documentation has been published
The Ministry of Finance has published new guidance on the contents of transfer pricing documentation (TPD) on August 20, 2014 that requires changes for most taxpayers. This alert summarizes the transfer pricing legislative developments as well as
See MoreSlovak Republic: Proposals on transfer pricing and thin capitalization
A draft amendment to income tax law in Slovakia contains provisions regarding changes to the rules for transfer pricing and thin capitalization. The amendment was accepted on August 2014, and if enacted, the changes usually would have an effective
See MoreSlovak Republic: Amendments to the VAT Act
The president of Slovak Republic has signed the law on July 25, 2014 regarding changes to the Value Added Tax Act and this law will enter into force with effect from January 1,
See MoreSlovak Republic – Amendments in VAT procedure under consideration
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
See MoreSlovak Republic: Amendments to the VAT Act
The VAT act amendments would generally apply with effect from January 1, 2015. The main changes are given below: The place of supply of telecommunication, broadcasting and electronic services provides to non-taxable persons. The special scheme
See MorePoland-Slovak Republic DTT protocol enters into force
The Poland - Slovak Republic Income and Capital Tax Treaty (1994) protocol will enter into force on August 1, 2014 and it generally applies from January 1,
See MoreSlovak Republic: VAT changes approved
The parliament of Slovak Republic has accepted some changes to the VAT Act: VAT rate increase to 20% and will be established for the long term The submission deadline for the recapitulative filings is from 20 days to 25 days. If annual sales of
See More