- Law No. 278/2024 was published in the Slovak Official Gazette on Oct. 25
- The law includes measures such as increasing the standard VAT rate to 23 percent from 20 percent
- A reduced 19 percent VAT rate will be applied to supplies like electricity and certain foodstuffs
- A 5 percent reduced VAT rate will be applied to supplies like medicines
- The law will generally enter into force on Nov. 30
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.
Latest Posts in "Slovakia"
- Slovakia Unveils Free State QR Payment System, Mandates Cashless Options for Businesses by 2026
- Electric Vehicle Charging Abroad: VAT Treatment and Refund Eligibility for Slovak Companies
- Slovakia Announces 2026 General Tax Amnesty for Late Filers and Tax Arrears
- Slovakia VAT Guide for Cross-Border Amazon FBA Sellers
- Slovakia Proposes Mandatory E-Invoicing and VAT Reforms Starting 2027


 
        		 
        	










