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Slovakia Parliament Considers Temporary VAT Reduction on Gasoline and Diesel due to Inflation

  • Slovak Parliament considers Bill No. 272 to reduce VAT rates on gasoline and diesel
  • The bill proposes a temporary reduction from the standard 20% rate to an 8% rate
  • The reduced rate would apply from July 1, 2024, to Dec. 31, 2025
  • The law would come into effect on July 1

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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