Tax Alert, June 2023

Legislative Proposal for Minimum Tax Act

The government of the Republic of Slovenia published a legislative proposal for the Minimum Tax Act on 23 June 2023. The Act would transfer the Council Directive (EU) 2022/2523 into Slovenian legislation. The Directive, which is aligned with OECD model rules, was approved in December 2022 and Member States have to incorporate it into local legislation by 31 December 2023. We have already written about the Directive and the upcoming legislative proposal in our latest Tax News in June 2023.

The Minimum Tax Act introduces a whole new institute of minimal effective taxation rate of 15% for multinational corporations with consolidated revenues greater than 750 million EUR. The legislative proposal for Minimum Tax Act can be found here.

The deadline for submission of comments on the legislative proposal is 16 July 2023. Comments can be submitted directly through the eUprava online portal or you can submit potential comments, concerns or questions to us and we will include them in the comments that we intend to prepare and submit. You can turn to the following EY team members or contact us here:

• David Jež, Senior Manager for area of corporate tax and transfer pricing 
• Matej Kovačič, Tax Partner