Global

Details

  • Service: Tax, International Corporate Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 1/18/2013

Slovenia - New financial services tax; applies to insurance services 

January 18:   A new tax on financial services in Slovenia was enacted in late 2012.

The financial services tax is also imposed on services provided by insurance brokers and agents—services that generally are exempt from value added tax (VAT).


The new tax on financial services was enacted in late December 2012, after being published in the official gazette (no. 94/12 (10 December 2012)).


Financial services subject to the new tax include:


  • The granting and negotiation of credit or loans in monetary form and the management of credit or loans in monetary form by the creditor or the lender
  • The issuing of credit guarantees or any other security for money and the management of credit guarantees by the creditor
  • Transactions (including negotiation of instruments) with respect to deposit and current or transaction accounts, payments, transfers, debts, checks and other payment instruments
  • Transactions (including negotiation of notes) concerning currency, bank notes and coins used as legal tender
  • Services of insurance brokers and agents

Read a January 2013 report [PDF 68 KB] prepared by the KPMG member firm in Slovenia: Tax on financial services introduced




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