The Government approved the amendment to the Act on certain extraordinary measures in the financial area in connection with the spreading of a hazardous infectious human illness COVID-19 (Lex Corona). The Aim of the Amendment is to finish the…
The government´s draft amendment to the Income Tax Act was discussed in the first reading at the September meeting of the National Council of the Slovak Republic. The government´s draft, among other things, introduces rules for controlled foreign…
The Slovak Ministry of Finance introduced a draft amendment to the Slovak VAT Act bringing three major changes which are proposed to be effective from 1 January 2021 (except for the deadline for registration for special schemes which is proposed to…
In view of the current situation and the spread of COVID-19, businesses are now more than in the past concerned about the impacts of VAT on business cash flow, focusing mainly on the proposed measures related to the possibility to defer tax payment…
In connection with the coronavirus (COVID-19) the Slovak Parliament approved several measures in the financial area. These measures are related to tax, customs duties, accounting and the financial market.
No more business trips within the European Union without A1 certificate. Risk of inspection, penalties and other inconveniences for not having this document increase every year.
The tax authorities of OECD states annually exchange information on persons having relations in another country. It happens more often than in the past that the tax authorities ask taxpayers to document taxation of income from foreign sources or…