Green Taxation
In July 2021, the EU Commission presented ambitious measures to achieve climate targets as part of the “Green Deal”: Starting as early as 2023, energy products are to be taxed according to their impact on the environment and health. Additional tax burdens may arise under the planned Carbon Border Adjustment Mechanism, levying import fees on certain high-energy products such as iron, steel and aluminum from third countries.
The Slovak Republic currently does not have such a local tax, e.g. from CO2. We constantly monitor the legislation and expect changes in this area in the coming years.
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