- The EU Official Gazette published EC Decision No. 2025/852 on May 5
- Slovakia is authorized to limit VAT deductions for certain vehicles
- A 50 percent limit on input VAT deductions is allowed for vehicles used partially for non-business purposes
- Private use of these vehicles is not treated as supplies of services
- Qualifying expenses include purchases, leases, acquisitions, imports, and equipment costs
- The measure is effective from July 1, 2025, to June 30, 2028
- Slovakia must request an extension by September 30, 2027
- The decision took effect upon notification
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.
