Taxation

The tax system in Slovakia

 

The tax system faced a fundamental redesign with having a progress tax system introduced as of 2013.

Direct taxes 

  • Income tax 
    • private individuals: 19% of the tax base not exceeding 176.8 times the current amount of subsistence minimum; 25% of the tax base exceeding 176.8 times the current amount of subsistence minimum 
    • legal entities: 22 % of the tax base net of tax loss
  • Motor vehicle tax
  • Local tax (paid directly to municipal authorities)

 

 Indirect taxes 

  • Value added tax (VAT): 20 % (10 % rate is applied in case of goods specified in the Act on the Value Added Tax, e.g. meat, fish, milk, bread, antibiotics, books etc.)

  • Excise tax (e.g. on alcohol, tobacco, mineral oil)

 

The Slovak tax authority is called the Finance Directorate of the Slovak Republic and it has a network of 8 regional tax offices with 81 local branches. 

For up‑to‑date information, you can also visit the website of the Ministry of Finance of the Slovak Republic.