- The guidance clarifies how VAT should be included in the tax base for corporate income tax for certain categories of motor vehicles and related goods and services for VAT payers.
- It applies to accounting entities using double-entry bookkeeping and taxpayers determining the tax base under specific provisions.
- The procedure does not apply to taxpayers who are not VAT payers.
- New legislative provisions effective from 01.01.2026 specify when VAT is or is not considered a tax-deductible expense and when it is not included in the asset’s entry price.
- Amendments expand references to special VAT regimes and clarify the treatment of VAT in cases of changes in asset use.
Source: financnasprava.sk
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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