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Slovak Parliament Approves Law to Reintroduce Tax Licenses and Implement Other Tax Changes to Improve Public Finances

|Approved Changes|Slovak Republic
Slovak Republic

The Slovak parliament has approved the law containing measures in connection with improving the state of public finances. The measures include:

  • An increase in the individual income tax rate for dividends from 7% to 10% (the 7% rate continues to apply for dividends paid out of pre-2024 profits);
  • The reintroduction of tax licenses (minimum taxes) for companies as follows based on taxable revenu…

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