Slovak Republic to Reintroduce Tax Licenses and Implement Other Tax Changes to Improve Public Finances
The Ministry of Finance of the Slovak Republic has published a draft law containing measures in connection with improving the state of public finances. The measures include:
- Increasing the individual income tax rate for dividends from 7% to 10%;
- Reintroducing tax licenses (minimum taxes) for companies as follows based on taxable revenue in a tax period:
- EUR 340 if taxable revenue reaches EUR…