| Tax |
|
|
|
THE BEST TAX REGIME IN THE REGION Slovakia has one of the most favourable tax regimes in the world with both personal and corporate tax a flat 19% and no withholding tax on dividends. TAXATION % IN THE REGION
INCOME TAX DEDUCTIONS You can either deduct a flat 25% in respect of expenses against rental income or you can deduct depreciation, loan interest, real estate taxes, maintenance etc. CAPITAL GAINS EXEMPT After two years, the sale of your residential apartment in Slovakia is capital gains tax free and after five years the sale of other private real estate is capital gains tax free. GIFT TAX AND INHERITANCE TAX ELIMINATED Donation tax and inheritance tax in Slovakia were eliminated as of January 1, 2004. The real estate transfer tax was eliminated as of January 1, 2005. TAX GUIDE QUESTIONS Any questions or advice needed please email us |
|||||||||||||||||||||||||
