Slovak Republic

A tax resident of the Slovak Republic is subject to tax on worldwide income, irrespective of whether the income is remitted to the Slovak Republic.

A Slovak tax non-resident is liable to tax on Slovak-source income only. Slovak-source income includes income from work performed in the Slovak Republic, including director's fees, income from an independent business done through a permanent establishment (PE), and income from services carried out in the Slovak Republic. Slovak-source income also includes interest income, licence fees, and income from the sale or rental of property located in the Slovak Republic.

Personal income tax rates

The tax rates applicable in Slovakia are as follows:

• For 2025 the tax base of up to 176.8 times the subsistence level (i.e. 48,441.43 euros [EUR] for 2025) is subject to a 19% tax rate. The exceeding part of the tax base is taxed at 25%. From 1 January 2026, the threshold of the tax base for applying the second personal income tax rate (25%) will be reduced from 176.8 times the subsistence minimum to 154.8 times. In addition, a third rate of 30% will be introduced starting at a tax base equal to 212.4 times the subsistence minimum, and a fourth rate of 35% starting at 264.0 times the subsistence minimum. At the same time, the parameters for reducing the non-taxable portion of the tax base for the taxpayer and the non-taxable portion for the spouse will be adjusted at higher levels of the tax base to maintain consistency within the tax system.
• Dividend income arising from profits before 2004 and between 1 January 2017 and 31 December 2023 is included in a specific tax base taxable at a 7% rate (if paid from abroad) and 7% withholding tax (WHT) if paid by a Slovak company. Dividend income arising from profits generated in 2024 is included in a specific tax base taxable at a 10% rate (if paid from abroad) and 10% WHT if paid by a Slovak company. Dividend income arising from profits generated after 1 January 2025 will be subjected to 7% WHT.

• Income of constitutional authorities from dependent activity is, in addition to the tax calculated as listed above, subject to a special tax rate of 5%. From 1 January 2026, It also increases the special income tax rate for selected constitutional officials from 5% to 10%.

 Income from capital gains is included in a specific tax base taxable at a 19% rate.

Local taxes on income

There are no local taxes on personal income in Slovakia.