During the year 2016 almost all the important acts influencing the business environment in Slovakia were amended. Starting from the January 2017 the minimum wage increased and taxation on dividend paid to individuals and companies has been introduced. However, the new year also brought decrease of corporate income tax rate to 21% and introduction of interest payment in favour of a taxable person in case a VAT refund is postponed due to a tax inspection.
Read our eBook with the overview of the most important changes you should be aware of.
TAXES
Value added tax
Income tax
Tax administration and international exchange of information
PAYROLL
Increased value of meal vouchers
Increase of minimum wage
Increase of maximum assessment base for social insurance contributions
Cancelation of maximum assessment base for health insurance contributions
Increase in daily assessment base
OTHER CRUTIAL CHANGES
Act on eGovernment
Special levies for selected subjects
Simple Joint-stock Company
Enlarging the list of criminal responsibility of legal persons
Amendment to Insolvency and Restructuring Law
