Tax law in Highgate in 2025 🏛️ And how are we helping to build a better Slovakia?

In addition to helping hundreds of entrepreneurs and investors operate more legally and tax efficiently and in compliance with the law (so they don’t have to look for illegal “shortcuts”), we’ve helped Slovakia in the following ways, for example:

1️⃣ Transaction tax

🔹 Problem: Entrepreneurs’ discomfort and poor quality of the law
🔹 Action: (i) We advised on three projects on how not to pay transaction tax: Transakcio, Schuman Financial and WageNow, (ii) expert commentary to the Slovak Chamber of Tax Advisors, (iii) lecture before the Ministry of Finance, (iv) evangelism through podcasts, lectures and articles
🔹 Result: Transaction tax can be legally not paid and the law has been modified
🔹 Benefit for Slovakia: less black cash and better law = lower risk premium in business

2️⃣ Taxation of investments

🔹 Problem: Unfair taxation
🔹 Action: Legislative proposal and expert lectures for the Association of Securities Dealers, the Slovak Association of Asset Management Companies and the Slovak Chamber of Tax Advisors
🔹 Result: Promise by the Ministry of Finance at the technical level
🔹 Benefit for Slovakia: Higher tax revenues (e.g. at the expense of the US) and promotion of savings

3️⃣ Schwarz system

🔹 Problem: Inconsistency, unnaturalness and unpredictability (liquidated damages)
🔹 Action: (i) professional lectures (including to the state), (ii) evangelism through podcasts, lectures, articles, (iii) Highgate Freelancers Project
🔹 Result: Using contractors is safer in a wider range of situations than articulated by the MoLSA
🔹 Advantage for Slovakia: less black cash and more predictability = lower risk premium in business

4️⃣ Departures from Slovakia

🔹 Problem: Entrepreneurs’ discomfort
🔹 Action: We organized the largest professional legal-tax conference in the history of Slovakia; topic: Slovakia vs. abroad
🔹 Result: Slovakia looked more positive in the facts (just look at the SK vs. Czech Republic duel)
🔹 Advantage for Slovakia: Fewer departures

5️⃣ The fight against “desolation”

🔹 Problem: OZ Donovalkovo, Robo Papp, tax residences in Paraguay, …
🔹 Action: Extensive podcast and lecture evangelism (e.g.: I don’t recognize the state, do I have to pay taxes? | Highgate Talks #27)
🔹 Result: So far the state is doing nothing about it
🔹 Advantage for Slovakia: Satisfaction for honest entrepreneurs

Tax law is Highgate’s flagship practice. And in addition to providing specific advice to entrepreneurs and investors, in 2025 we have tried to raise interesting economic and social topics with a tax overlap, like this one 👇 in the blog and the picture.

And this is exactly what Highgate Law & Tax ‘s role in improving Slovakia should be.