Parliament has approved another amendment to the Slovak Bank Transaction Tax Act. The purpose of this amendment is to incorporate several changes related to the abolition of this tax for selected groups – self-employed (entrepreneurs) – upon fulfilment of specific conditions. We present below a summary of the key information contained in this amendment. All…
At the beginning of August, the OECD published a report stating that the first 15 countries had signed the Multilateral Competent Authority Agreement on the Exchange of Information (GIR MCAA). This agreement arises from an international initiative that established global tax rules and the regulatory framework known as Pillar II. The Slovak Republic is among…
In September 2025, The Slovak Parliament approved the 3rd consolidation package with the aim of further increasing state budget revenues to cover public debt. These consolidation measures underwent an accelerated approval process. The measures will take effect on January 1, 2026. We bring you an overview of significant measures that will primarily affect employees and…
In May of this year, the National Council of the Slovak Republic approved an amendment to the Income Tax Act, which modifies the current rules on the depreciation of selected assets. The purpose of this amendment is to introduce preferential treatment for certain types of assets based on their utilisation. Below, we provide detailed information…
The European Commission has set its focus on a green future and adopted the Clean Industrial Deal State Aid Framework (CISAF). This initiative, resulting in a set of new “green” rules, forms part of the European Union’s policy aimed at strengthening the resilience of the European industrial sector. The EU prioritises a sustainable future by…
With the adoption of the amendment to Act No. 5/2004 Coll. on Employment Services, new fundamental rules governing employers’ notification obligations in Slovakia will enter into force. This obligation applies only to the employment of specific categories of persons. Further information on employment, including conditions for third-country nationals to obtain work permits or asylum procedures…
The Slovak Republic has adopted an amendment to the Securities and Investment Services Act in connection with the establishment of a European Single Access Point (ESAP), which provides centralized access to publicly available information on financial services, capital markets and sustainability. The mandatory disclosure of crypto-assets for payment and investment purposes is related to the…
The summer months were a time of several brief legal changes that have an impact on employment and income taxation as well as contributions to the state budget. Below we summarise for you a current overview of the brief changes. You can find out more about other amendments to the tax and business environment on…
The European Commission has recently updated its list of high-risk countries (the so-called grey and black lists) that exhibit strategic deficiencies in their national anti-money laundering and counter-terrorism financing (AML/CFT) regimes. All entities within the European Union subject to the AML framework are required to exercise increased due diligence when conducting transactions involving these countries.…
The Slovak Parliament approved the government’s draft amendment to the Act on Excise Tax on Electricity, Coal and Natural Gas in early June 2025. The aim of the proposal is to reduce the administrative burden of the registration process for consumers, adapt the legislation to current trends and promote the electronification of processes. Below we…