A bill amending certain laws affecting the functioning of the state was adopted by the Parliament in the middle of June 2024. The bill postpones again the entry into force of the new Land Registry Act to 15 January 2025. In addition, the bill amends provisions in several different areas of law (e.g. health, education, immigration).

Finance Minister Mihaly Varga announced on 4 May 2024 that the Government will prolong the preferential VAT regime for new homes for an additional two years.

With a new function on the National Tax and Customs Administration’s (NAV) mobile application (“NAV Mobile”), anyone can check whether their employer has notified the tax authority about their employment in accordance with the employment contract.

The Slovak government proposes a bill introducing indirect tax on sweetened non-alcoholic beverages with added sugar or sweeteners. Due to the voting majority in the National Council, it may be expected that the bill will be passed and will become effective from 1 January 2025.

Since July 1, 2023, Ukraine has been a member of the international automatic exchange of information regarding financial accounts pursuant to the Common Reporting Standard (CRS). The international exchange of information includes 123 countries (as of May 2024).

Michal Bernat and Stanislaw Soltysik have been promoted to Partner at Dentons' Warsaw office as part of the firm's latest promotions round for Europe and Central Asia.