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Slovak President Signs Several Tax Measures into Law Including Tax Rate Changes and New Financial Transactions Tax

|Approved Changes|Slovak Republic
Slovak Republic

On 18 October 2024, the President of the Slovak Republic, Peter Pellegrini, signed into law the bill amending certain acts to improve public finances, including several tax measures. Some of the main measures include:

  • An increase in the corporate tax rate from 21% to 24% 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 …

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