5 Major Developments in Slovakia

5 Major Developments in Slovakia

• Slovakia B2G e-Invoicing as of April 2023
• Deduction of VAT and definition of irrecoverable debt
• The reduced VAT rate of 10% on selected services is here permanently
• eKasa: Portal for the cash registers
• Enactment of EU Directives on VAT Act

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Bad Debts (Relief for Underpaid Sales Invoices)

• Deduction of VAT and definition of irrecoverable debt

• From 1.1.2023: VAT bad debts relief & obligation to correct deducted input VAT

• Correction of deducted VAT from outstanding liabilities from January 1, 2023 in Slovakia

• Legislative changes in the area of VAT effective from 2023 and 2024

DAC7

• DAC7: Rules for digital platforms operators in Slovakia entered into force

Deduction (Input Tax Credit)

• Correction of deducted VAT from outstanding liabilities from January 1, 2023 in Slovakia

• Slovakia Gazettes Law Transposing EU Directives on VAT Act

• Flashback on ECJ Cases – C-504/10 (Tanoarch) – Transfer of share of rights in an invention held by several undertakings to an undertaking authorized to exploit the invention in question in its entirety

• Amendment to the Value Added Tax Act

• Legislative changes in the area of VAT effective from 2023 and 2024

ECJ (European Court of Justice)

• ECJ C-746/22 (Slovenske Energeticke Strojarne) – Questions – VAT refund; procedure; remedies; ban on supplying nova

• Flashback on ECJ Cases – C-504/10 (Tanoarch) – Transfer of share of rights in an invention held by several undertakings to an undertaking authorized to exploit the invention in question in its entirety

E-Invoicing

• Slovakia B2G e-Invoicing as of April 2023

• As of April 1, 2023, E-Invocing is Mandatory for B2G in Slovakia

• Slovakia Continues to Advance its e-Invoicing Project – Mandatory B2G E-Invoicing as of April 1, 2023

• E-invoicing at B2G level will be mandatory

• Slovakia Continues to Advance its e-Invoicing Project

• Slovakian IS EFA test operation will start in January 2023

Exemption

• Enactment of EU Directives on VAT Act

• Slovakia Tax Agency Issues Guidance on Amendments to VAT Act

• Slovakia Gazettes Law Transposing EU Directives on VAT Act

Fiscalization

• eKasa: Portal for the cash registers

Legislative Change

• New VAT law in Slovakia

• Consolidated Text of VAT Law

Rate

• The reduced VAT rate of 10% on selected services is here permanently

• Slovakia Introduces a Reduced VAT Rate of 10% for the Tourism and Catering Sectors

• New version of the KVDPH form (March 15, 2023)
• Amendment to the Value Added Tax Act
• Legislative changes in the area of VAT effective from 2023 and 2024

• Temporary VAT Reduction for Certain Facilities and Restaurant and Catering Services effective 1 January 2023

• Slovakia Temporarily Reduces VAT Rate on Restaurant and Catering Services

Refund

• VAT Refund to a Foreign Person from Another Member State

• Enactment of EU Directives on VAT Act
• ECJ C-746/22 (Slovenske Energeticke Strojarne) – Questions – VAT refund; procedure; remedies; ban on supplying nova

• Planned shutdown of IS VAT REFUND – 04.02.2023

• Slovakia Gazettes Law Transposing EU Directives on VAT Act

Registration

• Tax Agency Issues Guidance on Extraordinary VAT Return Submission for Resident Taxpayers

• Enactment of EU Directives on VAT Act

• Getting VAT registered in Slovakia

• Slovakia Gazettes Law Transposing EU Directives on VAT Act

Reporting / Compliance

• New version of the KVDPH form (March 15, 2023)

• 5 VAT Country Guides on Slovakia

• Tax Agency Issues Guidance on Extraordinary VAT Return Submission for Resident Taxpayers

• Tax and other statutory obligations in Slovakia

• VAT Guide – Slovakia

• VAT in Slovakia – A comprehensive up to date guide

• A guide to VAT – Doing business in Slovakia

• Amendment to the Value Added Tax Act

Tax Authorities / Penalties

• Planned shutdown of IS VAT REFUND – 04.02.2023

Technology

• Planned shutdown of IS VAT REFUND – 04.02.2023