At the September’s meeting of the National Council of the Slovak Republic, the amendment to the Income Tax Act and the Tax Code was discussed in the first reading. It brings several significant changes, especially in the area of transfer pricing. A…
The Slovak Ministry of Finance introduced a draft amendment to the Slovak VAT Act bringing three major changes.
Among others changes, the law amendment abolishes the annual reconciliation of prepayments for social insurance.
Two decrees of the Ministry of Labour, Social Affairs and Family of the Slovak Republic ("MPSVR SR") were published in the Collection of Laws, which increase the amounts of meal allowances and the amounts of basic compensation for the use of motor…
On 22 of February 2022, the Financial Directorate issued a Methodological guideline detailing the various forms of providing meals to its employees. It also mentions the planned increase in meal allowances for business trips, which will also have…
The current economic development has a significant impact on the functioning of many companies. The main topic of recent months is a high inflation. However, there are several other factors that affect companies' transfer pricing policies.
