Referring to our previous newsflash, concerning the Amendment to the Slovak income tax act – the increase of WHT on the payment of dividends to private individuals was issued on 20 December 2023. We would like to confirm that the Amendment to the Act No. 595/2003 on Income tax was approved by Parliament on 19 December 2023 and it was signed by the President as well.
The changes related to taxation of dividends held by private individuals came into force as of 1 January 2024.
Impact on investors: For information purposes