Slovakia is making significant amendments to its VAT Act for 2025, aiming to simplify processes, provide flexibility, and align with EU directives. Foreign taxable persons no longer need to pre-register for VAT, VAT deductions can be made without invoices for intra-community acquisitions, and new rules for lease agreements will come into effect. Additionally, tax exemptions for small businesses will be introduced in line with EU legislation.
Source RTCsuite
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