Parliament has approved a second amendment to the act on the new financial transaction tax, which will be paid from April 1, 2025.
The amendment:
- Broadens the scope of persons exempt from being taxpayers, including schools
- Extends and clarifies exemptions for attorneys and public universities
- Introduces the possibility for taxpayers to deduct transaction tax paid by the person recharging costs when calculating the transaction tax from recharged costs
- Eliminates the obligation to notify the tax collector of the special account from which certain financial transactions, such as payment of taxes and levies, will be made and are not subject to tax
Read a February 2025 report prepared by the KPMG member firm in Slovakia
For information on the first amendment, read TaxNewsFlash (December 2024).