AmCham Slovakia

AmCham Tax Committee represents the views and position of AmCham member companies in the area of tax-related issues. Over the years it has become a valuable expert partner of relevant public and private stakeholders. It strives to contribute regularly to the debate on tax-related topics  with its members´expertise and engage in a constructive dialogue with relevant public instutitions, including the Ministry of Finance and the Financial Administration. It is active in commenting new legislation, providing recommendations by relevant position papers as well as organizing networking events including the annual AmCham Regional Tax Conference which takes place in a different V4 country every year.

Priority areas

1. INCREASING LEGAL CERTAINTY AND MUTUAL TRUST BETWEEN BUSINESSES AND TAX AUTHORITIES

• Binding rulings procedures
• Plan of legislative changes in tax and accounting areas
• Tax penalty reform

• Improving legal framework for the establishment of holding companies
• Terminating capital gains taxation
  
• Promoting introduction of IP Boxes

Transaction Tax in the Slovak Republic

AmCham Slovakia supports the Slovak government’s efforts to consolidate the state budget, recognizing the need to improve public finances and enhance the competitiveness of the Slovak economy. Regarding the transaction tax, we acknowledge the challenges it may pose, including increased administrative, software, and financial requirements. Therefore, we seek to facilitate an effective dialogue with the Ministry of Finance of the Slovak Republic to clarify the most critical areas of the transaction tax’s application. Together with the members of AmCham Tax Committee, we identified specific questions and suggestions, to which the Ministry of Finance and the Financial Administration of the Slovak Republic have provided joint response.

• Download (.PDF)
  

Competitive Slovakia: Implications of the Transaction Tax: What it Brings to the Business Environment?

AmCham Slovakia organised business breakfast dedicated to the identified application challenges of the transaction tax with the representatives of the Ministry of Finance of the SR and the Financial Administration of the SR.

• Business Breakfast (.URL)