Slovakia’s Parliament Considers Reversal of VAT Hike Amid Anti-Government Protests

• Legislation proposed in Slovakia to return VAT rate to 20%
• VAT rate increased to 23% at beginning of year
• New reduced VAT rate of 19% and halved VAT on basic foodstuffs
• Proposal includes tax relief for feminine hygiene products
• Increase in VAT registration threshold to EUR75,000
• Proposal comes during anti-government protests in Slovakia

Source: answerconnect.cch.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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