January 2020 will also bring the obligation for several taxpayers to file a motor vehicle tax return for 2019 and a real estate tax return for 2020.

Vehicle tax

Pursuant to the provisions of Act no. 361/2014 Coll. on motor vehicle tax and on amendments to certain acts in the Act on the Civil Code ("ZDzMV") is obliged to file a tax return for 2019 every taxpayer who used a motor vehicle for business during this tax period. The deadline for filing the tax return is 31 January 2020. Tax is also payable within the same period.

The tax return is filed by the taxpayer to the relevant tax administrator according to the place of permanent residence or registered office of the legal entity.

In the ZDzMV several changes occurred after a certain time, which come into effect from 1.1.2020. However, some changes should be kept in mind when filing your tax return by January 31, 2020. The amendment generally touched on the provisions on the subject of tax, the presumed tax, the occurrence and expiry of the tax liability, and the like.

For example:

• The estimated tax for the purpose of quantifying future tax advances is calculated from the condition of vehicles as of 1 January 2020, taking into account the provisions of the ZDzMV effective from 1 January 2020.

• The tax liability for private motor vehicles used for a business trip will also be indicated in the tax return. According to the information of the Financial Report of the Slovak Republic, however, this will not affect the next confession for 2020.

• Notification of the extinguishment of the tax liability of a motor vehicle which was not used for business in 2019 pursuant to Section 8 par. 7 of the ZDzMV effective from 1.1.2020, it will be necessary to announce by means of a standardized form, a specimen of which is published on the portal of the Financial Administration of the Slovak Republic. This notice is an obligation to submit as an annex to the general submission in pdf format. by 31.1.2020 at the latest.

• If the tax payable calculated in the tax return for the tax period 2019 filed January 1, 2020 and later does not exceed EUR 5, the taxpayer does not pay such tax.

If you are interested in further information or processing a motor vehicle tax return for 2019, do not hesitate to contact your contact in VGD SLOVAKIA s. r. o.

Property tax

The tax return to the real estate tax is filed by the taxpayer according to Act no. 582/2004 Coll. on local taxes and local fee for municipal waste and small construction waste ( "ZoMD"). The obligation to file a declaration for 2020 by 31 January 2020 does not apply to all taxpayers, but only to those who have incurred / changed / ceased tax liability during the previous year 2019.

The tax return is submitted by the taxpayer to the tax administrator, which is the municipality in whose territory the property is located. The real estate tax provisions of the CMD remained unchanged from the previous year.

In any case, if you are interested in further information or processing a real estate tax return for 2020, do not hesitate to contact your contact in VGD SLOVAKIA s. r. o.For more information, please visit out website, facebook page or Linked-In.