- Slovak Financial Administration issued Guide No. 4/DPH/2024/I on Nov. 25, 2024.
- Guide pertains to the correct VAT rate for energy supplies effective from Jan. 1, 2025.
- Key topics include: 1. When correcting a tax base due to changes in a tax reporting period, the VAT rate valid at the time of tax liability must be applied, as per Law No. 278/2024. 2. Bundled energy supplies, including distribution to the consumption point, are considered a single composite performance with one applicable tax rate for the main energy supply component.
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 Introduces 50% VAT Deduction for Personal Vehicles Starting January 2026
- Slovakia’s ViDA VAT Reform Introduces Mandatory E-Invoicing and Real-Time Reporting by 2027
- Slovakia Proposes VAT Law Amendments: Electronic Invoicing and Data Reporting to Parliament
- Slovakia to Raise VAT on Sugary and Salty Foods to 23% from 2026
- VAT Guide Slovakia
