Slovenia’s value added tax (VAT) law has been amended to reflect implementation of EU VAT rules. The measures are effective beginning 1 January 2020.
Among the VAT changes are new forms for VAT returns; a reduced VAT rate of 5% on books, newspapers, and other periodicals whether in paper or digital format; and revised penalties for noncompliance with VAT rules.
There are also new conditions for a VAT exemption on the intra-Community supply of goods; rules concerning proof of an exempt supply of goods to another EU Member State; chain-supply measures; and special treatment of call-off stock—measures that are part of the EU VAT “quick fix” regime.
Read a January 2020 report [PDF 110 KB] prepared by the KPMG member firm in Slovenia
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.