- Slovakia’s Ministry of Finance proposed a draft amendment to the VAT law targeting entities that fail to meet tax obligations.
- Changes will be implemented in two phases: April 1, 2026, and January 1, 2027.
- From April 1, 2026: extended decision deadlines for VAT registration, new record-keeping for high-risk entities, expanded grounds for VAT registration cancellation, and presumption of ceased economic activity in certain cases.
- From January 1, 2027: reintroduction of a VAT guarantee mechanism, allowing tax authorities to require guarantees of €5,000 to €500,000 for potential VAT debts.
Source: kpmg.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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