In the current issue of Tax & Legal News we would like to draw your attention to the following highlights:
Changes brought by the new Building act
The Construction Act and the Spatial Planning Act, which were approved almost five decades after the adoption of the original legislation, will enter into force in 2024. The aim of the new legislation is to eliminate the shortcomings of existing legislation and consider the current needs of society. The result should be simplification and acceleration of construction permits, digitization, but also stricter sanctions against unauthorized constructions.
Expected changes to the Labour Code related with transposition of EU Directives from 1 August 2022
Here you will find a brief overview of the newly adopted provisions of the Directives of the European Parliament and of the Council (EU) in the field of labour law. The aim of the Directives is to improve working conditions and to ensure labour market adaptability and facilitating work-life balance for employees who are parents or have caring responsibilities (work-life balance).
Update on the progress of the global minimum tax
A new international tax agreement on minimum taxation for multinational groups has been delayed until 2024. Implementation deadline which was originally intended in 2023 was slowed down by the discussion on ironing out technical details. France, as the current presidency, is trying to reach the unanimous support of all EU Member States. This article provides a summary of recent developments on the international level.
Tax Authorities inform about the cancellation of duplicate user accounts
The Slovak Financial Administration Portal ("FAP“) checks taxpayers' ID accounts for electronic communication. They will draw attention to the long-term unused login credentials in advance and help taxpayers to avoid potential complications in meeting their tax obligations. The goal of Financial Administration is to effectively remove approximately 15,000 user accounts that are created in duplicate.
