The Slovak Republic has published Law no. 128/2023 of 29 March 2023, which amends certain provisions of the Income Tax Law. One of the key amendments concerns the taxation of interest income derived by non-residents, which essentially provides that interest payments on "bonds and treasury bills" from the Slovak Republic to a non-resident is not considered as income originating from sources in the Slovak Republic (i.e., such interest income is exempt). This restores the exemption for all bonds following its limitation to "government bonds and government treasury bills" from 1 January 2023. Related withholding tax amendments have also been made. The restoration of the exemption for all bonds is effective from 18 April 2023.