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Slovak Government Approves Tax Law Amendments including Corporate and Dividends Tax Changes

|Proposed Changes|Slovak Republic
Slovak Republic

The Slovak government has reportedly approved several draft amendments to the income tax law. The main changes affecting corporate taxpayers include:

  • The corporate tax rate will be reduced from 22% to 21%;
  • The 35% withholding tax for certain payments to non-treaty/TIEA jurisdictions will be extended to dividends (dividend payments to jurisdictions that have a treaty/TIEA remain exempt);
  • A 35% …

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