- In April, Slovakia’s tax authority completed 778 tax audits and found violations worth nearly €20 million, with major issues involving improper VAT deductions, hidden income, and abuse of tax rules.
- It also carried out 1,589 cash register inspections, issuing fines in 387 cases totaling over €267,000, along with thousands of local checks and hearings.
- Major cases included a nearly €770,000 VAT issue in agricultural trade, undeclared vehicle-sale income leading to a €44,000 tax assessment, and a €2.7 million corporate income tax case with unsupported expenses.
- Another major finding involved a nearly €1.3 million case of abusive share transfer arrangements designed to gain an unjustified tax advantage.
- The authority launched a nationwide preventive campaign focused on new rules for recording sales and offering cashless payments, especially in high-risk sectors, while reminding taxpayers about a tax amnesty valid until June 30, 2026.
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.
Latest Posts in "Slovakia"
- Finance Ministry Proposes Modern, Fairer VAT Rules
- Slovakia Advances VAT Digital Reform Under EU ViDA Initiative
- Slovakia Updates E-Invoicing FAQ with New Scope and Technical Clarifications
- Slovakia to Launch Voluntary E-Invoicing Next Week Ahead of 2027 Mandate
- Slovakia Rejects Plan to Raise VAT Registration Threshold
