Slovak tax law sees some changes in the year 2022. Among these changes are a more taxpayer-friendly treatment of loss carry forwards, mandatory electronic communication with tax authorities, possibility of electronic archiving, and reduction of the threshold for the application of the reduced income tax rate of 15 %. Additional new requirements for VAT taxpayers were also implemented. These requirements comprise the registration of bank accounts with tax authorities and checking of creditors’ bank accounts against an account directory published by tax authorities.
