Slovak News - Nov 96 - Proposed Amendments To The VAT Act

The proposed changes are in harmony with the directives of the Council of EU in relation to the applicability of VAT in finance activities. It means that selected finance activities are exempt from VAT and also there are special treatments in the section of the law in respect to the investments and trading of the securities and also to the construction industry.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

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