• Service: Tax, Global Indirect Tax, Global Transfer Pricing Services, International Executive Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 8/13/2013

Slovakia - Legislative changes to permanent establishment, related-party definitions 

August 13: Pending amendments to the income tax law in Slovakia include changes concerning:
  • The definition of “related parties”
  • The definition of a taxpayer from a "non-contractual state"
  • The value of a company car
  • The definition of income of non-residents that is considered to be Slovak-sourced
  • Taxation of income from transfer of movable assets, shares, and titles registered in Slovakia
  • The definition of a permanent establishment
  • The exclusion of unrealized foreign exchange differences from the tax base
  • The inclusion of unpaid liabilities into the tax base
  • The filing of an application for approval of a transfer pricing method
  • Tax deductibility of costs of transportation of employees arranged by the employer
  • The value of promotional items that will be tax deductible
  • Tax non-deductible costs

Other legislation changes concern:

  • Value added tax (VAT) measures
  • Excise duties (tax) on mineral oil
  • Excise tax on electricity, coal, and natural gas
  • Use of an electronic cash register

Read a June 2013 report [PDF 141 KB] prepared by the KPMG member firm in Slovakia: Tax Alert | Draft amendments to tax legislation

Also read a June 2013 report [PDF 127 KB] prepared by the KPMG member firm in Slovakia that discusses the taxation of bonds and treasury bills, as well as VAT on insurance services: Tax & Legal News: Amendments to Slovak legislation and other topics

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