ey-global-tax-policy-outlook-for-2015

Slovak Republic
2.3 Tax policy outlook for 2015 — summary
Corporate income tax burden
Lower No change Higher
Personal income tax burden
X
Lower No change Higher
VAT/GST/sales tax burden
X
Lower No change Higher
X
2.4 Tax policy outlook for 2015 — detail
Corporate income taxes —
effective as of 1 January 2015
•
(base broadening)
• In connection with assets that may be used for private
purposes, as well as with related expenses, the law provides
the following options:
•
assets are also used for private purposes
• A substantiated amount of expenses, depending on the
purposes
• Thin capitalization rules and tax deductibility of interest from
loans (base broadening)
• The maximum amount of tax deductible interest from
loans between local and foreign related parties is limited
apply to all contracts, including those that were concluded
before 1 January 2015.
•
•
• 25% of wage costs of newly hired graduates,
•
• Transfer pricing (TP) rules to apply also to transactions
between domestic related parties (base broadening)
• As of 2015, all transactions between related parties
(including domestic parties) will be subject to strict TP rules,
including contracts concluded before the change becomes
effective.
160 | The outlook for global tax policy in 2015