Slovakia: Amendment to Financial Transaction Tax Act introduces new rules
Scheduled to become effective on January 1, 2026
An amendment to the Financial Transaction Tax Act has been published and is scheduled to become effective on January 1, 2026.
The most significant impact will be on sole traders, who will no longer be required to pay this tax. The amendment introduces a distinction between taxpayers with limited and unlimited tax liability, clarifies terms such as transaction account, permanent establishment, and use of a payment card, and also introduces a definition for cost reallocation.
Read a December 2025 report prepared by the KPMG member firm in Slovakia