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Slovak Parliament Rejects Temporary Fuel Tax Cuts and Asset Depreciation Law

  • Slovak parliament voted against temporary reduction of VAT and excise duty on fuel
  • Draft laws would have reduced rates from 1 July 2024 to 31 December 2025
  • VAT rate would have been reduced from 20% to 8%
  • New depreciation option for technical improvements of tangible assets also rejected

Source: orbitax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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