On 20 June 2018, the National Council of the Slovak Republic passed an Act on insurance tax effective of 1 January 2019. The new insurance tax will have a flat-rate basis of 8 % and apply to all non-life insurance products, with the exception of mandatory contractual insurance where the existing 8% payment remains in effect. In addition, an amendment was passed regarding the information duty. Pursuant to the valid legislation, if a client seeks to terminate an insurance contract, he or she must do so no later than 6 weeks before the end of the period of insurance. According to the members of the Financial and Budgetary Committee, however, insurance companies ought to be obliged to inform their clients about the upcoming end of the period of insurance and the basis for the next year ten weeks before the end of the period of insurance.
Moore BDR s. r. o.
Naše portfólio zahŕňa: audit účtovníctva, daňové poradenstvo, fúzie, akvizície, Due diligence, Bratislava, Banská Bystrica
