Slovenia

Slovenia: Proposal for more specific requirements for CbC reporting

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The Slovenian Ministry of Finance on 19 April 2017 issued a proposal to amend the rules for the application of the Tax Procedures Act. The proposal provides more specific requirements for CbC reporting.

In addition the proposal would introduce CbC notification requirements that should be submitted in addition to the CIT return for the relevant financial year. The registration form is published on the website of the tax authorities. Also the proposal is supplemented by an Annex which provides an overview of all the items contained in the CbC report, their definitions and whether or not they are compulsory.

Kazakhstan, Slovenia DTA enter into force

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A Double Tax Agreement of 2016 between Kazakhstan and Slovenia has entered into force on 30th of December 2016. It has been applicable from 1st of January 2017.

Slovenia publishes procedures on monthly corporate income tax advance payments

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The tax authority issued guidelines on 3 February 2017 clarifying monthly advance payments of corporate income tax resulting from the increase in the corporate income tax rate from 17% to 19% as from 1 January 2017.

In Slovenia, the advance payments of corporate income tax are calculated on the basis of income declared on the tax return for the previous taxable period. The tax authority has stated that, despite the increase in the tax rate, companies will continue to pay monthly advance payments at a rate of 17%. However, this will be effective only until the date at which taxpayers file their corporate income tax returns for the tax year 2016 (i.e. 31 March 2017).

Slovenia: Publishes CbC reporting guidelines

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The Slovenian Financial Administration published a new guidance on the implementation of country-by-country (CbC) reporting on 12 January 2017. The new guidelines included in Action 13 of the OECD Action Plan on Base Erosion and Profit Shifting and Directive 2016/881 regarding a mandatory automatic exchange of information in the field of taxation.

In addition, the financial administration explains that, in terms of transfer pricing documentation requirements, a three-tier approach has been implemented: a master file preparation; a local file preparation; and a CbC report.

The CbC reporting requirement will be effective from 1 January 2018 for the tax year 2016.

Slovenia: Publishes advance pricing agreement rules

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Details on the introduction of Advance Pricing Arrangements (APAs) are now available in the Official Gazette on 28 December 2016. Accordingly, the following rules will apply from January 2017:

(i) The application of APA must be addressed to the financial administration and must contain mandatory elements and an indication of the type of APA (i.e. unilateral, bilateral or multilateral); (ii) Serious assumptions must be described and be in accordance with the arm’s length principle; (iii) An APA may be signed for 5 years with the possibility of an extension; (iv) If the circumstances of the APA change, the taxpayer or tax authorities may request its termination; (v) A request for an extension must be filed at least 6 months before the validity of the APA has elapsed; and (vi) The cost of an APA procedure is EUR 15,000.

Slovenia: DTA between Slovenia and Morocco ratified

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The Income Tax Treaty of 2016 between Morocco and Slovenia was ratified on 15th December 2016 by Slovenia and published in official gazette of 30th December 2016. This treaty was signed on 5th April 2016.

Slovenia: Publishes new individual income tax rates for 2017

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The Ministry of Finance published the individual income tax rates on 9 December 2016, which is applicable from 2017.

The new individual income tax schedule is set out below:

Amount (EUR) Rate (%)
up to 8,021.34 16
8,021.34 20,400.00 27
20,400.00 48,000.00 34
48,000.00 70,907.20 41
over 70,907.20 50