2021 Income tax rates in Slovakia
With effect from January 1, 2021, an amendment to Act No. 595/2003 Coll. on Income Tax (hereinafter referred to as: „ITA“), which includes, inter alia, changes in the Income Tax rates for natural and legal persons, was approved.
The amendment to the Income Tax Act clarifies the condition of the application of the 15% Income Tax rate (which was first reduced by an approved amendment in 2019) for the tax period starting at earliest on January 1, 2021.
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Overview of income tax rates
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Taxable persons and companies |
Valid for the year |
Tax rate |
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Persons and companies whose taxable income(s) in accordance with § 6, part 1. and 2 of ITA shall not exceed an amount of EUR 100000 per taxable period |
2020 |
15% |
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Persons and companies whose taxable income(s) in accordance with § 6, part 1. and 2 of ITA shall not exceed an amount of EUR 49790 per taxable period |
2021 |
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Other persons and companies |
2020 |
21% |
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2021 |
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