{"id":5714,"date":"2021-12-06T12:08:46","date_gmt":"2021-12-06T10:08:46","guid":{"rendered":"https:\/\/www.moore-bdr.sk\/?p=5714"},"modified":"2021-12-09T13:25:49","modified_gmt":"2021-12-09T11:25:49","slug":"novela-danoveho-poriadku","status":"publish","type":"post","link":"https:\/\/www.moore-bdr.sk\/en\/novela-danoveho-poriadku\/","title":{"rendered":"Amendment to the Tax Code"},"content":{"rendered":"

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We would like to draw your attention to several interesting news regarding the amendment to the Tax Code.\u00a0 On 27 October 2021 the National Council of the Slovak Republic approved an amendment to Act No. 563\/2009 Coll. on Tax Administration (Tax Code), as amended (hereinafter referred to as the \u201cTax Code\u201d), the draft of which was submitted by the Ministry of Finance of the Slovak Republic in April 2021.<\/p>\n

Information about this forthcoming amendment to the Tax Code was summarised in our article: PROPOSALS FOR LEGISLATIVE AMENDMENTS<\/a>.<\/p>\n

We would like to inform you that the changes adopted by this amendment concern not only the Tax Code but also the Income Tax Act No. 595\/2003 Coll. and the Value Added Tax Act No. 222\/2004 Coll., among others.<\/p>\n

[\/vc_column_text][vc_tta_accordion style=”flat” shape=”square” spacing=”5″ gap=”5″ active_section=”523″ no_fill=”true” collapsible_all=”true”][vc_tta_section title=”Disclosure of bank accounts and extension of the customers\u2019 liability for unpaid VAT effective as of 15 November 2021″ tab_id=”1637911693018-393ed8b3-afd4″][vc_column_text]As of 15 November 2021, an amendment to the VAT Act regarding the obligation to report bank accounts to the tax authorities<\/strong> became effective.\u00a0<\/strong>The amendment introduces an obligation for taxpayers to report to the Financial Directorate of the Slovak Republic all own bank accounts used for business activities subject to tax under the VAT Act. The Financial Directorate of the Slovak Republic will publish a list of all reported bank accounts on its website. Taxpayers who are registered for VAT as of 15 November 2021 shall be obliged to report their bank accounts by 30 November 2021.<\/p>\n

Section 6(7) provides that if taxpayers report a bank account owned by another person, such account shall be deemed to be their own for the purposes of the VAT Act.<\/p>\n

The reporting obligation arises immediately on the date on which the taxpayer became VAT payer or on the date on which the taxpayer opened such a bank account. If the customer pays the invoiced amount to the supplier\u2019s account that was not listed in the published report on the website of the Financial Administration of the Slovak Republic on the day of the provision of service, the customer shall be liable for the VAT stated on the invoice.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Changes to the rating of taxpayers \u2013 the so-called tax reliability index \u2013 effective as of 1 January 2022″ tab_id=”1637911693045-5fd75541-4ac4″][vc_column_text]The amendment to the Tax Code brings changes to the tax reliability index, which should now emphasise its motivational character. The rating will be assigned to all taxpayers registered for income tax and the evaluation period for determining their rating will be one calendar half-year.<\/p>\n

The criteria used to determine the taxpayers\u2019 tax reliability index will be regulated in a decree of the Ministry of Finance. Taxpayers who achieve a \u201chighly reliable\u201d rating will:<\/p>\n