6. 12. 2024
Parliament approved amendment to the Slovak VAT Act bringing considerable changes in…
Amendment to the Slovak VAT Act that was approved by Parliament brings the following major changes
Daňovky
Tax and Legal
news
5. 11. 2024
European Union updates list of non-cooperative jurisdictions for tax purposes
The Council of the European Union approves a revised list of non-cooperative jurisdictions for tax purposes. Following the meeting, one country was removed from the blacklist. At the same time, no other countries were added to the list.
5. 11. 2024
One sentence summary | October 2024
Last month’s tax and legal news in brief.
5. 11. 2024
Did you know that you can interrupt the tax depreciation?
In certain cases, the taxpayer is obliged to interrupt the tax depreciation. However, did you know that the Slovak Income Tax Act also states the interruption of the application of tax depreciation of tangible assets as a voluntary option?
5. 11. 2024
Establishment of new company with the aim to maintain the benefit of the status of…
The Court of Justice of the EU (CJEU) released judgement C‑171/23 UP CAFFE which is dealing with the question, whether establishment of new company with the aim to maintain the benefit of the status of small enterprise in respect of an activity…
5. 11. 2024
Assessing the functions and risks of a company in the light of recent case law
Recently, the administrative courts as well as the Supreme Administrative Court of the Slovak Republic have issued several judgments dealing with the assessment of transfer pricing of the manufacturing companies. These judgments bring new insights…
5. 11. 2024
Financial Transactions Tax Act was published in the Collection of Laws
On 25 October 2024, Act on financial transactions tax was published in the Collection of Laws, which is supposed to be one of the tools for the consolidation of public finances. Since the expert discussion could only take place during and after the…
3. 10. 2024
Parliament approved consolidation package
National Council approved amendments to legislation only 16 days of presentation of a plan for the consolidation of public finances by the representatives of Government of the Slovak Republic.
3. 10. 2024
Germany proposes changes in administrative principles on transfer pricing for intra…
The German Ministry of Finance has published a draft of revised administrative transfer pricing principles on intra-group financing. It clarifies for taxpayers the fundamental changes in the legislation and modifies certain provisions to partially…
3. 10. 2024
Did you know which fuel costs are tax deductible for plug-in hybrids?
Fuel rules for the use of plug-in hybrid vehicles have been specific problems for a long time. Taxpayers are interested in which fuel costs are tax deductible when consuming two different types of fuel.
3. 10. 2024
Parliament approved the implementation of a new tax: Sweetened non-alcoholic…
The President signed Act on sweetened non-alcoholic beverages tax which will be effective from 1 January 2025. Depending on the type of sweetened non-alcoholic beverage, the tax rates are determined in the range from EUR 0.15/liter to EUR 8.60…
3. 10. 2024
Dispute over new rules on price cut disclosures reaches the Court of Justice of the…
EU Court of Justice released a decision dealing with a supermarket chain, that inflated the prices of grocery items before offering price reductions and displayed fake discounts.
