Following the Amendment to the Income Tax Act in force starting with January 1st 2013, we would like to inform that the Slovakia will introduce two personal income tax rates depending on the tax base for individuals.
Therefore the tax base up to 176,8 time of the subsistence minimum (in 2013 it is 34 401,75 EUR) will be subject to 19% tax rate as in2012. The exceeding part of tax base for individuals will be taxed at 25%. Please note that corporate income tax rate will be increased to 23%.
Feel free to contact us for more information.