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    Slovakia Income Tax Rates 2016

    Individuals

    Taxable Income (EUR)

    Tax Rate (%)

    Part of the tax base up to 176.8 times the current living wages (approx. up to or in the amount of EUR 35,022.31 per year)

    19

    Part of the tax base exceeding 176.8 times current living wages (approx. over EUR 35,022.31 per year)

    25

    Companies

    Taxable Income (EUR)

    Tax Rate (%)

    All income

    22

     

    VALUE ADDED TAX (VAT)

    Standard rate is 20 %. A reduced rate of 10% is imposed on certain specific items (e.g. certain medication, books, basic food such as meat, milk, and bread, etc.).

    CAPITAL GAINS TAX (CGT)

    Individuals

    Capital gains of resident individuals are subject to the standard tax rates of 19% and 25%. The sale of real estate is tax free after being held for five years.  

    Companies

    Capital gains of resident companies are subject to the standard flat tax rate of 22%.

    LOSSES

    Losses may be carried forward equally for a maximum of four taxable periods since 2014 (usage in the amount of 1/4 of the tax loss per year). Total amount of unused losses for the tax periods 2010 to 2013 may be carried forward equally for four taxable periods (usage in the amount of 1/4 of the unused losses per year). The loss occurred for 2009 could be utilised in 2014 at the latest. In case of individuals losses can be carried forward and deducted only from their active income tax base (business and self-employment activities. Losses in the case of a merger or a de-merger may be carried forward by the legal successor (merger/de-merger may not be made for tax avoidance purposes).

    TREATY NETWORK

    65 countries.

    WITHHOLDING TAX

    • Dividends: 0%; 19% for profit reported latest on December 31, 2003;
    • Interest: 19% (unless exempt or reduced under relevant treaty), EU Royalties and Interest Directive may apply*, 35% for payments to so-called non contracting states
    • Royalties: 19% (unless exempt or reduced under relevant treaty), EU Royalties and Interest Directive may apply*, 35% for payments to so-called non contracting states
      *Applicable to groups of companies with a minimum 25% interest held for at least 24 months

    Doing Business Abroad - Tax Rates 2015 /2016

     
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    Norway | Oman | Palestine | Poland | Portugal | Qatar | Romania | Saudi Arabia | Serbia | Slovakia
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    Ukraine | United Arab Emirates | United Kingdom | Yemen
    Contact Us
    Crowe Horwath
    Karadžičova 16
    Bratislava 821 08
    Slovakia
    +421 2 50 20 33 02


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