In this article, we provide a summary of information on the scope of the bank transaction tax and any requirements relevant from the perspective of foreign businesses.
The Financial Transaction Tax Act has come into force in Slovakia, which introduces the application of a bank transaction tax to all business entities in Slovakia. The new tax will be levied for the first time in the tax period starting in April 2025. In this respect, we are providing you with the following summary about the tax and the requirements in which the tax is relevant for a foreign business entity.
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Head of Business Development
KR Group Insights
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