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Slovak Government Approves Several Tax Measures Including Tax Rate Changes and New Financial Transactions Tax

|Proposed Changes|Slovak Republic
Slovak Republic

On 18 September 2024, the Government of the Slovak Republic approved draft legislation for the introduction of several tax measures. Some of the main measures include:

  • An increase in the corporate tax rate from 21% to 22% for taxpayers with taxable income exceeding EUR 5 million;
  • A reduction in the reduced corporate tax rate for small taxpayers from 15% to 10%, along with an increase in the taxable income threshold for the reduced rate from EUR 60,000 to EUR 100,000;
  • An increase in the stand…

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