The duty to file country-by-country reports, which will contain, inter alia, information providing overview of the amount of taxes paid in individual States, is imposed upon the multinational enterprise groups.
Only the multinational enterprise groups having total consolidated group revenue of at least EUR750,000,000 EUR during the Fiscal Year immediately preceding the Reporting Fiscal Year shall be obliged to file the country-by-country report.
The report shall be filed within 12 months of the last day of the Reporting Fiscal Year of the multinational enterprise group. This duty shall apply in particular to the parent companies of multinational enterprise groups – as the Ultimate Parent Entities (with respect to the amount of the total consolidated revenue, the impact on a relatively low number of Slovak parent companies is expected). The Ultimate Parent Entity means an entity of the multinational enterprise group that owns directly or indirectly an interest in at least one Constituent Entity and is required to prepare Consolidated Financial Statements in the State of its tax residence, and there is no other Entity that owns an interest in the above Entity in a similar way.