The Financial Directorate of the Slovak Republic in cooperation with the Ministry of Finance of the Slovak Republic and the Slovak Chamber of Tax Advisorsthe after an extensive discussion issued information on the manner, form, extent and periodicity of proving the identity of the ultimate recipient of income for the purposes of the Income Tax Act.
Comparison of minimum wage in 2023 and 2024
In the current age of endlessly rising prices and inflation of energy costs, the age of enviromentally and socially responsible investing, increasingly higher amount of companies come to a point, where a business person decides to generate their own electrical energy. This can be done by either installing a personal photovoltaic device, or by renting one for a pre-agreed period of time.
Even though ESG reporting in Slovakia will only be mandatory for 700 large companies, the expert recommends to smaller firms that they too begin to collect data and adopt ESG measures as soon as possible.