- Obligation of the VAT payers to correct input VAT deducted from the goods and services purchased in Slovakia
- Input VAT deduction will not be allowed from the expenditures that do not unequivocally belong to business expenditures, such as for the purpose of treat, entertainment and representation,
- Cancellation of the VAT registration obligation provided turnover is solely from specific VAT exempt supplies (insurance and financial services and supply and rent of immovable property).
Source: KPMG SK
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