The subsidence minimum (€198.08), tax bonus (€21.41), personal allowance (€316.94), 19% tax rate on taxable income up to €2,918.53 monthly, 25% tax rate on taxable income exceeding this amount and the retirement insurance exemption of €200 per month for students were unchanged in 2015 and remain so in 2016. tenie. Minimum wage: €405 Lowest gross…
The last issue provided an overview of the most significant changes in the Value Added Tax Act to become effective after 1 January 2016. In December 2015, the Financial Directorate of the Slovak Republic (Financial Directorate) issued several methodical instructions and guidance to explain further some of the newly introduced provisions. Methodical instruction covering special…
The tax administration uses several sources of internal and external information to assess transfer pricing risk. How do you find out whether you are a hot candidate for a transfer pricing audit? Based on publicly available sources and our department’s own practical experience, we have come up with this little test. 1. Have you reported…