The Ministry of Finance of the Slovak Republic published on its website the list of the countries with which Slovak Republic has concluded a Double Tax Convention or Agreement on Mutual Administrative Assistance in Tax Matters, so called "White List", valid from 01 January 2021.
Compared to 2020, the following 4 countries were added to the White List:
- Cabo Verde
- North Macedonia
Following 15 countries were deleted from the White List:
- British Virgin Islands
- Caymans Islands
- Isle the Man
- Macedonia (which was replaced by North Macedonia)
- Turks and Caicos
- United Arab Emirates
The 2021 White List can be found under the following link:
Impact on investors: Residents of countries not included in the While List are subject to 35% tax on dividends, Interest income from non-government debt securities and on taxable income from Slovak sources (e.g. interest on deposits, royalties, payments for services, transfers of business shares).