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Slovakia - Other taxes and levies

Slovakia - Other taxes and levies

Taxation of international executives

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Social security tax

Are there social security/social insurance taxes in Slovakia? If so, what are the rates for employers and employees?

Employer and employee

Type of insurance*

Paid by employer

Paid by employee

Total

Retirement insurance

14.00%

4.00%

18.00%

Disability insurance

3.00%

3.00%

6.00%

Sick leave insurance

1.40%

1.40%

2.80%

Unemployment insurance

1.00%

1.00%

2.00%

Reserve fund

4.75%

0.00%

4.75%

Guaranty insurance

0.25%

0.00%

0.25%

Injury insurance

0.80%

0.00%

0.80%

Health care insurance

10.00%

4.00%

14.00%

Total

35.20%

13.40%

48.60%


* Caps apply on all of the contributions except for the injury insurance.

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in Slovakia?

Not applicable.

Real estate tax

Are there real estate taxes in the Slovakia?

Real estate tax is paid by house and landowners. The rates differ depending on the municipality in which the property is located.

Sales/VAT tax

Are there sales and/or value-added taxes in Slovakia?

There are two types of indirect taxes: value-added tax (VAT) which is charged on most supplies of goods and services (base rate 20 percent, reduced rate 10 percent); and excise duties which are charged on supplies of specific goods such as fuels, beer, spirits, and tobacco.

Unemployment tax

Are there unemployment taxes in Slovakia?

No such particular tax. Unemployment benefit and contributions are part of the social security system.

Other taxes

Are there additional taxes in Slovakia that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, etc.

Other taxes would generally include only various municipal taxes, e.g. local tax for overnight stay in a hotel, waste collection duty, etc.

Foreign Financial Assets

Is there a requirement to declare/report offshore assets (e.g. foreign financial accounts, securities) to the country/jurisdiction’s fiscal or banking authorities?

International exchange of information between financial institutions applies. 

Disclaimer:

All information contained in this document is summarized by KPMG Slovensko Advisory, k.s., a Slovak limited liability partnership and the Slovak member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. The information contained in this publication is based on:

  • Act No. 595/2003 Coll. on Income Tax as amended,
  • Act No. 461/2003 Coll. on Social Security as amended,
  • Act No. 283/2002 Coll. on Travel Allowances as amended,
  • Act No. 404/2011 Coll. on Residence of Aliens as amended.

© 2021 KPMG Slovensko Advisory k.s., a Slovak limited partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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