Slovakia: Recent developments affecting tax depreciation and deductions for various business sectors

Affected sectors include automotive, accommodations, and sports

Recent developments affecting tax depreciation and deductions for various business sectors in Slovakia include:

The government on July 4, 2025, approved Resolution No. 357/2025, supporting a bill to amend tax policies in the automotive sector (including changing the deadline for investment plans eligible for a 55% participation exemption on tax depreciation) beginning from year of assessment 2026. The Ministry of Finance has also been tasked with preparing further amendments.
One bill introducing accelerated tax depreciation for accommodation and sports facilities and another implementing a super-deduction mechanism for sports, both effective January 1, 2026, were gazetted on June 21, 2025.
The government on May 28, 2025, published (1) Law 152/2025 allowing accelerated depreciation for technical improvements and repairs to accommodation and sports facilities, classifying them into a six-year depreciation group if they exceed 10% of the building's value, and (2) Law 153/2025 introducing a 150% deduction for non-monetary donations to local sports organizations effective January 1, 2026.

For more information, contact a KPMG tax professional in Slovakia:

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Slovakia: Recent developments affecting tax depreciation and deductions for various business sectors

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