On 15 December 2014, Slovenia published in its Official Gazette changes to the Law on Financial Services Tax and the Law on Insurance Premium Tax, and changes to the maximum penalty that can be applied for general tax related infractions. For financial services and insurance premiums, the applicable tax rate will be increased from 6.5% to 8.5%. For tax penalties, the maximum penalty that may be applied is Increased to €125,000 for infractions such as late filing of a tax return, incorrect filing, etc. The changes will apply from 1 January 2015.