OrbitaxOrbitax

Slovak Republic Revises Interest Deduction Limitation and Transfer Pricing Rules

|Approved Changes|Slovak Republic
Slovak Republic

On 20 December 2022, Slovak President Zuzana Čaputová signed a law introducing amendments to the country's interest deduction limitation and transfer pricing rules. This includes:

  • Revised rules on limiting the deduction of interest exemption in line with the EU Anti-tax Avoidance Directive with effect from 1 January 2024, including that the deduction of interest expense is limited to 30% of EB…

Continue Reading