The government approved additional measures related to COVID‑19 known colloquially as Lex Corona III, which amends Act No. 67/2020 Coll. on Extraordinary Financial Measures in Response to the COVID‑19 Pandemic as amended by Act No. 75/2020 Coll. We expect parliament approve the government’s draft in the coming days. This amendment has introduced a number of additional finance-related changes…
The Ministry of Finance released preliminary information on the draft of Ministry of Finance Measures No. MF/010704/2020-74 amending Ministry of Finance Measures No. MF/23377/2014-74 dated 3 December 2014. This draft specifies the details of individual financial statements and the scope of data from the individual financial statements for publication for the purposes of large accounting…
Act No. 67/2020 Coll. on Extraordinary Financial Measures in Response to the COVID 19 Pandemic resulted in an extension to the deadline for filing of 2019 tax returns. Under §22 (1) of the Act, a special deadline for filing corporate income tax returns for 2019 was introduced (the period expired or was scheduled to expire during the…
On 2 April 2020, the Slovak Parliament passed the government’s proposal called Lex Corona, which covers three areas: taxes, financial market, and budgetary rules. The aim of this law is to help and protect taxpayers, entrepreneurs, and SMEs from the economic consequences of the pandemic. The legislation at issue provides a special period – the…
On 2 April 2020, the Slovak Parliament adopted a draft Labour Code in order to make the following changes applicable at the time of the declaration of the state of emergency/extraordinary situation (hereinafter referred to as the “crisis”) and for the two months until the crisis is recalled: The possibility of working from home, if…
On 3 April 2020, the Slovak Parliament passed the Amendment to the Social Insurance Act, which amends the deferral of payment obligations of policyholders who report a drop in net turnover or a drop in income from business and other self-employment activities by 40% or more. Contributions for March 2020 are due by 31 July…