We provide you with an overview of the main amendments to the Act on Accounting, adopted by National Council of the Slovak Republic in October 2019. Certain changes will be become effective as early as 31 December 2019, others on 1 January 2020.
Amendments to the tax legislation that were approved on October's meeting of the National Council were published in the Collection of Laws. In addition, Ministry of Finance published a Decree, which provides for new templates of income tax and value…
The amendment to the Tax Administration Act (Tax Code) was published in the Collection of Laws. The amendment modifies for example the provisions on representation based on power of attorney, the provisions on the obligation of taxpayers to report…
Changes in the liquidation process of companies and co-operatives, introduction of the deposit for liquidation, winding-up of companies due to overdue filing of their financial statement into the Collection of Deeds or a change in the scope of data…
The taxpayer is entitled to the VAT retention interest even when the tax audit, aimed at assessment of eligibility for the excessive VAT deduction, exceeded the period of 6 months and the Tax Office completed the tax audit before 1 January 2017.…
The new legislation, that implements controlling mechanism for elimination of the unjustified geographical discrimination of a customer within the internal market of the European Union, comes into force as of 1 November 2019.
After Brexit, British citizens will be with regard to their stay in Slovakia considered as third country nationals. Those British citizens who will not apply for registration of the right of residence of EU citizen before a no-deal Brexit, will have…
In line with the EU Directive on mandatory disclosure of information (DAC6), the Slovak Parliament in September passed an amendment to Act No. 442/2012 Coll. on international assistance and cooperation in tax administration as amended, implementig…
