The new Guidelines came with several changes. The most significant of them relate to the new definition of significant controlled transaction, the criteria for determining the scope of the taxpayer's documentation obligation, as well as the…
Decree of the Ministry of Labor, Social Affairs and Family of the Slovak Republic ("MPSVR SR") was published in the Collection of Laws, which increase the amounts of meal allowances. The amounts of meal allowances are amended for the third time…
The National Council of the Slovak Republic approved the amendment to the Slovak VAT Act.
The National Council of the Slovak Republic approved the amendment to the Slovak Income Tax Act (SITA). This amendment includes several changes and clarifications in the personal income tax area.
The amendment to the Act on Accounting No. 407/2022 Coll. reflects the transposition of Directive (EU) 2021/2101 as regards disclosure of income tax information and introduces obligation for selected accounting entities to make a report on income…
On 6 December 2022, the National Council of the Slovak Republic approved amendment to Act No. 595/2003 Coll. on Income Tax as amended (“Income Tax Act”), which brings several changes especially in area of transfer pricing and efforts against…
The physical stay of many Ukrainian citizens in Slovakia is currently exceeding 183 days. If they perform employment activities for their Ukrainian employer in the territory of Slovakia, this brings certain income tax implications.
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…
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…
The Slovak Ministry of Finance introduced a draft amendment to the Slovak VAT Act bringing three major changes.
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…
Among others changes, the law amendment abolishes the annual reconciliation of prepayments for social insurance.