The new Guidelines on transfer pricing documentation introduce a significant change
The Ministry of Finance of the Slovak Republic has issued new guidelines on determining the content of the transfer pricing documentation. Additionally, a new corporate income tax return form for the year 2025 has been published, featuring a revised…
The Ministry of Finance of the Slovak Republic issued guidance on the Financial Transaction Tax
The guidance clarifies the assessment of performing a taxpayer’s activity in Slovakia, the taxation of recharged costs, and transactions that are not subject to tax in the case of cash pooling.
New Commercial Register Act in the Comment Procedure
The Ministry of Justice of the Slovak Republic has introduced a draft Act on the Commercial Register, which fundamentally changes the rules for company registration, transfers competencies to notaries, and increases data transparency. From March…
Do you know what comes with buying a new car from another EU member state?
Buying a new car or motorbike from another EU member state is not an everyday occurrence. It's important to bear in mind in advance that even if you bring a new vehicle from another EU member state to Slovakia as a private individual, you will still…
European Commission publishes work program for 2025
We have prepared a summary of key measures that the European Commission plans to propose in 2025. They are based on long-term strategies while also responding to the current political and economic challenges of member states. The work program…
Did you know the difference between withholding tax and tax guarantee?
Withholding tax and security tax are two different methods aimed at securing tax collection (at source). Did you know that the main difference between them lies in their purpose and the way they are implemented?
Amendment to Accounting Procedures
Adjustment of accounting for equalization tax and financial transaction tax. Changes in the accounting of crypto assets.
Amendment to the Financial Transaction Tax Act Approved by Parliament
Only 56 days of the approval of the Financial Transaction Tax Act, the Parliament approved its amendment.
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…
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.
Germany proposes changes in administrative principles on transfer pricing for intra – group financing
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…
Slovak government published draft consolidation package
At a press conference held on 17 September 2024, the representatives of Government of the Slovak Republic presented a plan for the consolidation of public finances.