Slovakia Tax Agency Clarifies Obligations to File 2025 Individual, Corporate Income Tax Returns

The Slovak Financial Administration Feb. 25 clarified obligations to file an individual income tax or corporate income tax return for 2025. The clarification includes that: 1) individuals must file an individual income tax return if their taxable income for 2025 exceeded the threshold of approximately 2,877 euros (US$3,389), including foreign income for individuals subject to unlimited tax liability, and including nonexempt income; 2) the filing obligation also applies to taxpayers whose employer didn’t perform an annual tax settlement, or if there are multiple employers and other types of income; 3) individuals who didn’t exceed the threshold but reported a loss ...