With respect to financial transaction tax (“FTT”) we informed you in previous tax news that the deadline for submission of notification and payment of the FTT for the first 3 taxation periods (April – June 2025) is prolonged to July 31, 2025 for all taxpayers. However, in recent days the interpretation of the law by financial authorities has changed. The prolonged deadline applies only to bank institutions and does not apply to taxpayersother than banks who carry out transactions from which the bank does not withhold FTT.
This means that taxpayers who in April 2025 carried out transactions related to the performance of activities in Slovakia on foreign bank accounts, through offset of invoices or performed recharged expenses and the Slovak bank does not withhold FTT are obliged to pay FTT on these transactions and file a notification themselves by the end of the month following the end of the taxation period, which means until June 2, 2025.