Slovenian Lawmakers Back Package of Tax Changes: STA

Slovenian parliament approves changes to six tax laws aimed at boosting competitiveness, attracting skilled labor force and boosting investments, State news agency STA reports.

• New tax residents of Slovenia who are less than 40 years old and earning at least twice the average annual Slovenian salary to receive a five-year 7% tax reduction on their salary
• Limit for sole proprietors to enter the system of normalized expenses — which means a proprietor can mark 80% of their income as expenses — will be lowered to €60,000 from €100,000
• VAT on soft drinks with added sugar or sweeteners to be raised ...