- Introduction of E-Invoicing and E-Reporting: The Slovak Republic’s draft law aims to combat tax evasion and align with EU Directive 2025/516 by mandating electronic invoicing and digital data reporting in two phases: starting January 1, 2027, for domestic supplies (B2B) and July 1, 2030, for cross-border supplies.
- Abolishment of Control Statements: Effective July 1, 2030, VAT payers will no longer need to submit control statements and summary statements, as the necessary information will be gathered through e-invoicing and e-reporting processes.
- New VAT Deduction Restrictions: From July 1, 2030, the right to deduct VAT on domestic supplies will depend on the possession of an e-invoice, introducing stricter compliance requirements for VAT deductions
Sources
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
