New VAT law
Streamlining a cumbersome VAT process is often a central objective when drafting VAT laws. We have seen this recently in both Greece and Italy, who are offering re-filled VAT returns.
Slovakia is introducing a new VAT law, which similarly aims to simplify the VAT process for taxpayers.
This will take effect from 1 April 2023 and will aim to make the VAT process more accessible and equitable for all taxpayers.
Slovakia is a compliant territory for Tungsten and we will monitor any further e-invoicing changes in the country.