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Slovak Republic Publishes Law Introducing New Insurance Tax Regime

|Approved Changes|Slovak Republic
Slovak Republic

The Slovak Republic has published Law No. 213 of 20 June 2018, which introduces a new tax regime for non-life insurance. Key points include:

  • The standard tax rate is 8% and applies for non-life insurance products where:
    • The insured property is in the Slovak Republic, except goods in commercial transport;
    • The insurance covers any means of transport that is or should be registered in the Slovak…

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