Tax News Slovenia - No. 3/13 May 2013

Tax News
Slovenia - No. 3/13
May 2013
Stability Program
On 9 May 2013 the Government of the Republic of
Slovenia adopted the 2013 Stability Program, which
was referred to the European Commission and the
Council of the EU. The Stability Program proposes
measures to achieve fiscal stability, which include
tax increases and several new taxes to boost
revenues into the national budget.
The key fiscal policy objectives which Slovenia plans
to achieve are a structural balance by 2017 and a
reduction of the general Government deficit below
3% of GDP by 2014. Additionally, the general
Government debt is intended to stabilize below 55%
of GDP. To achieve these goals the Government
envisions several new measures, which are included
in the Stability Program.
The most important permanent measures of the
Stability Program in terms of revenue include an
increase in VAT rate, the introduction of a real estate
tax, a halt in the decrease of the corporate income
tax, the introduction of a lottery ticket tax and a tax
on non-alcoholic beverages, raising court fees, and a
possible introduction of a crisis tax which will be
levied on personal incomes.
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Stability program – tax related topics
VAT
alcoholic beverages containing sugar.
As of 1 July 2013, the Government plans to increase Increase in court fees
the general VAT rate by two percentage points, from
20% to 22%, and the reduced VAT rate by one As of July 2013 an increase in court fees is also
percentage point, from 8,5% to 9,5%.
intended.
Real estate tax
Crisis tax
As of 1 January 2014, the Government intends to
introduce a new real estate tax, designed to simplify
the outdated system of real estate taxation in
Slovenia. Tax rates are not determined yet.
Furthermore, the Government will prepare a
progressive crisis tax on personal income as a
contingent measure to be introduced on 1 January
2014. The introduction of the crisis tax will depend on
whether a political agreement regarding additional
permanent
measures
for
reducing
general
Government expenditure will be reached.
Corporate income tax
As of 1 January 2014, the corporate income tax, which
was to be reduced to 15% by 2015 under the current With the above measures the Government aims to
legislation, will cease to decrease and will thus remain increase revenues into the national budget,
fixed at 17%.
and collect from EUR 646-649m annually.
Tax on lottery tickets and non-alcoholic
beverages
Additionally, as 1 August 2013, the Government plans
to impose a tax on lottery tickets and a tax on non-
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The above are measures that were proposed by the
Government. However, in order to become effective,
all the proposed measures need to be confirmed by
the National Assembly.
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