Slovakia Seeks VAT Deduction Restriction for Vehicles to Curb Tax Evasion

• Slovakia asked to change VAT rules to limit VAT deductions on certain vehicles and services.
• The goal is to make VAT collection easier and stop tax evasion.
• The proposal addresses the problem of separating business and personal use of cars and motorcycles.
• Slovakia wants to allow a 50% deduction for VAT on these vehicles and services.
• The European Commission told other countries about Slovakia’s request and said it has enough information to review it.

Source: eur-lex.europa.eu

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.

---

---