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Tax-News

  • In relation to the coming year end of 2023 we would like to bring to your attention the new provisions of Art 17k of the Slovak Income Tax Act („SITA“) related to the limitation of interest costs tax deductibility which will be effective from 1 January 2024.
  • What is new in the Slovak legislation? • New e-VAT evidence form from July 1, 2023 • Income from corporate bonds paid to SK non-residents will not be subject to tax • Important news in personal income taxation • EU framework agreement for cross-border teleworkers • Unification of the limit for cash payment to TEUR 15 from July 2023 • Increase of the basic compensation for use of private motor vehicle during a business trip Provisions currently in discussion o Re-increasing of meal allowance in 2023 o More favourable exemptions of income from the sale of real estate

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