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Slovakia 2011 Tax UpdatesJanuary 2011 Starting January 1, 2011 the new standard V.A.T. rate in Slovakia is 20%, replacing the previous 19% rate. There are no changes in the 2011 corporate and personal income tax rates which remain at 19%, same as in 2010. Slovakia V.A.T. RiseSeptember 2010 Slovak coalition leaders approved on a temporary increase of the V.A.T. rate from the current 19% to 20% starting January 1, 2011. The V.A.T. increase is a part of the Slovak austerity package to reduce the Slovak public deficit. Slovakia V.A.T Refund for Foreign PersonsJanuary 2009 The Slovak tax administration published information relating to refund of V.A.T. to foreign persons after the EURO implementation as of 1.1.2009. For more details please see www.drsr.sk Slovakia Income TaxesJanuary 2007 In 2007 Slovakia's tax rates for companies and individuals remain the same as in 2006, a flat tax rate of 19%. Slovakia's standard VAT rate of 19% also remains the same as in 2006. Slovakia Double TaxationMarch 2006 In March 2006 Slovakia ratified double taxation agreements with Esonia, Moldova and Singapore. Slovakia Corporate Income TaxJanuary 2004 From 1.1.2004 the new corporate income tax rate in Slovakia is 19% (previous rate-25%). |
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