Tip of the week: The end of a state of emergency and its impact on tax obligations
By the resolution of the Government of the Slovak Republic no. 366, the state of emergency in the territory of the Slovak Republic ended on 13 June 2020.
Resolution abolished the work obligation to ensure the provision of health care in relation to employees of selected entities imposed in accordance with previous resolutions of the Government of the Slovak Republic, as well as the abolition of the ban on exercising the right to strike or the ban on exercising the right to peaceful assembly. It is important to note that the canceling of the state of emergency does not cancel the emergency situation, which has persisted since 12 March 2020.
With regard to the obligations of taxpayers towards the Financial Administration, the termination of a state of emergency does not affect tax obligations. Under Lex Corona, taxpayers are required to file an income tax return for the previous tax period and pay the tax by the end of the calendar month following the end of the pandemic period, so after the lifting of the emergency.
The above information is current from 15.6.2020 and it is just a general information. The information does not contain all the details and specific situations in which you might find yourself.
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