The amendment of the Act on Insurance (Act no. 39/2015 of 03 February 2015) in respect of non-life insurance levy passed its 3 rd reading in Parliament on 22 November 2016 which means that Slovakia will see the introduction of the 8% non-life insurance levy from 01 January 2017

FiscalReps understands that the levy will apply to domestic and foreign insurers operating under FoS provisions.

We will provide you with further details once the final version of the legislation, guidelines and methodical regulation is published.

For further information on any of the above issues, please contact: Ladislav Hanak at Ladislav.Hanak@fiscalreps.com