Slovakia: Legislation implementing Pillar Two global minimum tax passed by Parliament
Legislation introduces a so-called “top-up tax”
Legislation introduces a so-called “top-up tax”
The Slovak Parliament on 8 December 2023 passed the legislation introducing a so-called “top-up tax,” intended to implement the OECD Pillar Two and EU global minimum tax directive.
The legislation, which was published in August 2023 (read TaxNewsFlash), is effective from 31 December 2023.
The deadline for filing top-up tax returns and notifications was extended from the initially proposed 13 months after the respective tax period to 15 months after the tax period, in line with the provisions of the EU global minimum tax directive.
Read a February 2024 report prepared by the KPMG member firm in Slovakia
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