The Ministry of Finance of the Slovak Republic issued new and important guidance to ensure a uniform approach when assessing the taxation of income of non-resident taxpayers from computer software. This methodological guidance introduces a significant change in the assessment and taxation of software payments made by Slovak payers to foreign taxpayers. Below we summarise…
The Slovak Parliament approved a government bill amending and supplementing the Act on Protection Against Money Laundering and Terrorist Financing (AML). The amendment addresses deficiencies in Slovak legislation identified by the Committee of Experts of the Council of Europe on the Evaluation of Anti-Money Laundering Measures. The previous legislation showed significant deficiencies in the identification…
About the Client SF1 Clips helps international brands such as Victoria’s Secret, Pandora, and Nespresso enter the markets of Central and Eastern Europe. Their business model is flexible and adapts to the specific needs of each brand, while at the same time requiring a unified approach to process management across countries. When expanding into new…
In February, the Slovak Parliament approved a new Commercial Register Act. This Act replaces Act No. 530/2003, which had been in force since 2003. The new Act aims to improve the administrative process for registrations and changes in the Commercial Register and to accelerate procedures for entrepreneurs. We would like to provide you with a…
The European Union (the ECOFIN Council) updated its list of non-cooperative jurisdictions for tax purposes in February 2026. These jurisdictions do not cooperate with EU Member States in tax matters. The list is updated twice a year, at the beginning of spring and in the middle of autumn. We would like to provide you with…
The Financial Administration of the Slovak Republic has published a template and an official electronic form for the Notification on the Use of a Passenger Motor Vehicle for Business Purposes (published template of notification form in Slovakia – OZNMVv26). The new form must be used by all entrepreneurs who, as of the new year, declare…
The Ministry of Finance of the Slovak Republic has published the announced measure determining the basic subsistence allowance rates for foreign business trips. At the same time, for selected countries, the subsistence allowance has been set in the local currency instead of the original currency, the euro. Below, we provide an updated overview of subsistence…
With the introduction of the new Consolidation Package we informed you here recently, new rules will come into force for all businesses regarding the use of company car and the deduction of VAT related to such use. These changes will have a significant impact not only on VAT but also on income tax and the…
The Ministry of Finance of the Slovak Republic has published the official template of the tax return for the top-up tax (QDMTT rule), including methodological guidance for its completion. The published tax return form represents another step resulting from the implementation of the Pillar II rules in Slovakia. Following our previous article on the top-up…
As part of the recently approved 3rd consolidation package, a general waiver of penalties – the so-called tax amnesty – was introduced. This instrument applies to all taxpayers who have failed to pay part of their tax liability. Below, we provide an overview of the practical interpretation of the tax amnesty, which is valid only…