- The Slovak Ministry of Finance initiated a consultation on December 18 regarding a draft bill
- The bill aims to incorporate EU Council Directive changes into Slovakia’s VAT Act
- The changes focus on mandatory electronic VAT invoicing and reporting
- Starting January 1, 2027, taxpayers must use an established electronic format for invoices
- Taxpayers are also required to report data from all domestic electronic invoices
- Public feedback on the draft bill is open until January 31, 2025
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.