Taxes
12 November 2018

Draft amendment to the Slovak VAT Act

The National Council of the Slovak Republic approved in October and the Slovak President signed the amendment to the Slovak VAT Act (VATA) which introduces decreased VAT rate (10 %) for accommodation services. This change should be effective from 1…

Zuzana Šidlová

Taxes
12 November 2018

Overview of the amendments of the Social Insurance Act

One of the most significant changes of the amendment is the introduction of prepayments for social insurance and the annual reconciliation of these prepayments. The aim of the amendment is to avoid the social insurance optimization.

Martina Čižmariková

Taxes
26 September 2018

Accounting and taxation of virtual currencies has a legal basis

The Act on Insurance Tax has been published in the Collection of Laws under no. 213/2018. This act implements, among other things, the anticipated rules for accounting and taxation of virtual currencies trough an indirect amendment of the accounting…

Ivana Soboličová

Taxes
22 June 2018

Parliament approves the insurance tax act

On 20 June 2018 the Slovak Parliament has approved the Governmental proposal of the insurance tax act introducing tax in the amount of 8% from non-life insurance lines of business in case that the insured risk is located in the territory of…

Marianna Dávidová

Taxes
26 April 2018

Virtual currencies taxation rules are getting basic contours

Trading with virtual currencies is becoming an increasingly discussed topic. As the current version of tax and accounting legislation does not provide for necessary guidance, at the end of March the Ministry of Finance issued a Methodological…

Ivana Soboličová

Webdesign