30. 1. 2025
Amendment to Accounting Procedures
Adjustment of accounting for equalization tax and financial transaction tax. Changes in the accounting of crypto assets.
Daňovky
Tax and Legal
news
30. 1. 2025
Did you know that for income tax purposes it is not possible to extend the maturity…
The Commercial Code allows for the extension of the maturity period of a liability. However, did you know that for the purposes of the Slovak Income Tax Act and taxation of liabilities, such an extended liability period is not relevant?
30. 1. 2025
How the FASTER directive transform withholding tax refund?
In December, the European Union adopted a directive that will simplify and accelerate the processes related to the refund of excess withholding tax. This directive is a significant step towards modernizing tax processes within the European Union,…
30. 1. 2025
One sentence summary | January 2025
Last month’s tax and legal news in brief.
6. 12. 2024
Changes to VAT resulting from the "VAT in the digital age" package
After almost two years of negotiations, in early November 2024 the Council of the European Union reached an agreement on new VAT measures – VAT in the Digital Age (“ViDA”). These measures aim to update the VAT system in the EU to reflect the…
6. 12. 2024
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.
6. 12. 2024
Did you know that yo can request in writing the Financial Directorate a binding…
The provisions of the Tax Code allow a taxpayer to request the Financial Directorate to issue a binding opinion on the application of tax regulations. However, do you know what areas the opinion is issued on?
6. 12. 2024
Parliament approved amendment to the Slovak VAT Act bringing considerable changes in…
Amendment to the Slovak VAT Act that was approved by Parliament brings the following major changes
5. 11. 2024
European Union updates list of non-cooperative jurisdictions for tax purposes
The Council of the European Union approves a revised list of non-cooperative jurisdictions for tax purposes. Following the meeting, one country was removed from the blacklist. At the same time, no other countries were added to the list.
5. 11. 2024
One sentence summary | October 2024
Last month’s tax and legal news in brief.
5. 11. 2024
Did you know that you can interrupt the tax depreciation?
In certain cases, the taxpayer is obliged to interrupt the tax depreciation. However, did you know that the Slovak Income Tax Act also states the interruption of the application of tax depreciation of tangible assets as a voluntary option?
5. 11. 2024
Establishment of new company with the aim to maintain the benefit of the status of…
The Court of Justice of the EU (CJEU) released judgement C‑171/23 UP CAFFE which is dealing with the question, whether establishment of new company with the aim to maintain the benefit of the status of small enterprise in respect of an activity…