• Service: Tax, Global Indirect Tax
  • Type: Regulatory update
  • Date: 7/18/2014

Slovakia - VAT procedural amendments under consideration 

July 18:  Draft amendments to the Slovak value added tax (VAT) law would provide for the following procedural changes:
  • Revisions to the rules that apply for “repayments of excess deductions” when claims are filed during the course of a tax examination, with the revised rules to allow a partial repayment based on already audited portions of the excess deduction before the completion of the tax inspection
  • Revisions to the rules for determining when an entity may be removed from the “blacklist” of unreliable VAT payers, by reducing the period for measuring non-compliance from 12 months to six months (i.e., the VAT payer has not failed to satisfy the VAT obligations for this period of time)

For more information, contact a KPMG tax professional in Slovakia:

Elvíra Ungerová

+421 2 599 84 111

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