Proposed changes to the value added tax (VAT) law in Slovakia include the following measures:
- “Quick fixes” as regard “call-off” stock simplification, chain transactions and intra-community supplies of goods
- New rules concerning a VAT exemption for taxable supplies relating to the international trade in customs and special warehouses
- The tax base for travel agents
- Rules for determining the tax base on “free-of-charge supplies” of “low value” tangible assets
- Extension of a requirement concerning adjustments to the input VAT deduction (via a capital goods scheme) to purchases of services related to these goods
Source: KPMG
