The Ministry of Finance of the Slovak Republic has published, on its website, a list of cooperative jurisdictions in accordance with letter x) of article 2 of Act No. 595-2003 of the Income Tax Act, representing the list of countries where the Slovak Republic has concluded a Double Tax Convention or Agreement on Mutual Administrative Assistance in Tax Matters. This “White List" is valid from 1 January 2024.
Compared to the previous year, the following 4 countries have been added to the White List
- Benin
- Burkina Faso
- Papua New Guinea
- United Arab Emirates
The following 3 countries were removed from the White list:
- Antigua and Barbuda
- Russian Federation
- Seychelles
You can find a copy of the 2024 White List on the following Ministry of Finance’s webpage:
Impact on investors: Residents of countries not included in the While List are subject to 35% tax on dividends and on taxable income from Slovak sources (e.g. interest on deposits, royalties, payments for services, transfers of business shares).