Double taxation on crypto payments. Peter Varga and Vladimíra Mačuhová lectured at the methodological days of the Slovak Chamber of Tax Advisors
The level of taxation (and health levies) is not the only major problem of inefficient tax legislation in Slovakia. This problem is also the threat of double taxation when receiving kickbacks for the provision of goods and services in the crypt. The Income Tax Act seems unambiguous on a mechanical interpretation and other than a […]
Peter Šopinec answered questions about digitalization and automation in accounting at a conference for IT companies
Good question to start with, and I hope I don’t lose my job. Which cannot be said for accountants who are in a “junior” position, or students who perform/had performed the initial transcription of data from documents into the accounting system. In my opinion, these positions will disappear in the job market and will be […]
Conference on legal and tax optimization for technology companies
In November, we organized a big event at the Marriott Hotel in Bratislava business conference dealing with legal and tax issues for entrepreneurs from a practical point of view. The conference was especially aimed at technology companies. The conference was attended by almost 150 people, mainly owners and employees of technology companies, attorneys, tax advisors […]
Wealth management conference in Luxembourg and the pitfalls of the current political situation in Slovakia
In the context of the increasingly worrisome political situation in Slovakia and the war in Ukraine, a number of clients have a need to diversify their assets geographically. As part of our advisory practice Highgate Group the topic of wealth management is being addressed more and more intensively both legally and tax-wise. Peter Varga therefore […]
Lecture by Peter Varga on tax optimization options
In November 2022, Peter Varga gave a lecture for clients of the educational company SEMINARIA on the possibilities of tax optimization. The lecture was attended mainly by entrepreneurs, whose aim was, also on the basis of their inquiries, to know and be aware of specific options for minimizing the tax and possibly also the levy […]
Peter Varga on the use of patent box and supercomputing for Touchit
Slovakia has become a tax haven for innovative companies. The favourable tax regimes of patent box and super deduction can help IT companies to save significantly on taxes. In Slovakia, supercomputing and patent boxing are still new topics. The use of the patent box as well as the super deduction is normally only possible if […]
Low interest in Slovakia from new innovative companies? Interview for STARTITUP
Unresolved and frequently changing legislation contributes to low interest in Slovakia from new innovative companies. They are increasingly considering moving their business abroad. According to the reform compass of the Institute for Financial Policy (IFP), Slovakia has slowed down significantly in catching up with the most advanced EU countries in the past decade. Employers point […]
Tomáš Demo in an interview for SME on the issue of alternative funds, their establishment and management.
Who can set up an alternative fund in Slovakia and what does it entail? There is currently a growing interest in small investment funds. Although they are relatively easy to set up, managing them is no longer so simple. Founders often encounter problems when taxing or managing them. Small investment funds are not intended for […]
The taxation of cryptoassets raises a number of question marks. Interview for TouchIT
Lawyers from Highgate Group, who are part of the Ministry of Finance’s working team for the preparation of legislation, have drafted a legislative proposal for the taxation of staking in Slovakia and have submitted it for discussion. Staking means holding cryptocurrency in a cryptocurrency wallet or on some exchanges, with the holder receiving a reward […]