Flag of Slovakia

Slovak Republic

#12 overall · Score 74.7 / 100 · down three places from 2025

Overall

#12

74.7 / 100

down three places from 2025

Corporate

#24

60.8 / 100

up one place from 2025

Individual

#2

94.6 / 100

down one place from 2025

Consumption

#33

43.0 / 100

down one place from 2025

Property

#7

74.4 / 100

down one place from 2025

Cross-border

#17

72.3 / 100

unchanged from 2025

Notable Changes from 2025

In 2025, the Slovak Republic increased its corporate rate from 21 to 24 percent, increased its VAT registration threshold, and introduced a financial transaction tax. In 2026, it raised its top personal income tax rate from 35 to 44.4 percent and raised the top rate threshold. The Slovak Republic’s rank continues to fall, from 9th to 12th.

Strengths

  • The personal income rate on dividends is very low at 7 percent (compared to an OECD average of 24.7 percent), and capital gains are tax-free after a minimum holding period, encouraging long-term saving.
  • The Slovak Republic has better-than-average tax treatment of business investment in machinery, buildings, and intangibles.
  • There is no tax on estates or inheritances, transfers of real estate, or capital increases, and property taxes are deductible from corporate income.

Weaknesses

  • Companies are severely limited in the amount of net operating losses they can use to offset future profits and are unable to use losses to reduce past taxable income.
  • The VAT of 24 percent applies to a relatively narrow base and is subject to one of the highest VAT thresholds.
  • The Slovak Republic has both a patent box and a super deduction for Research and Development expenditures, adding to the complexity of the system.

Component Scores

Slovak Republic category scores out of 100Corporate Taxes: score 60.8, rank 24. Individual Taxes: score 94.6, rank 2. Consumption Taxes: score 43.0, rank 33. Property Taxes: score 74.4, rank 7. Cross-Border Tax Rules: score 72.3, rank 17255075100Corporate Taxes: 60.8 (rank 24)Individual Taxes: 94.6 (rank 2)Consumption Taxes: 43.0 (rank 33)Property Taxes: 74.4 (rank 7)Cross-Border Tax Rules: 72.3 (rank 17)CorporateIndividualConsumptionPropertyCross-border
Category Rank Score vs 2025
Corporate Taxes #24 60.8 up one place from 2025
Individual Taxes #2 94.6 down one place from 2025
Consumption Taxes #33 43.0 down one place from 2025
Property Taxes #7 74.4 down one place from 2025
Cross-Border Tax Rules #17 72.3 unchanged from 2025

Ranking Changes, 2014–2026

Slovak Republic's best overall rank was 7th and its worst was 12th. It ranks 12th in 2026.

Overall rank by year for Slovak RepublicSlovak Republic: 2014 rank 10, 2015 rank 10, 2016 rank 10, 2017 rank 10, 2018 rank 9, 2019 rank 9, 2020 rank 8, 2021 rank 7, 2022 rank 9, 2023 rank 8, 2024 rank 7, 2025 rank 9, 2026 rank 122014201520162017201820192020202120222023202420252026Slovak Republic 2014: rank 10Slovak Republic 2015: rank 10Slovak Republic 2016: rank 10Slovak Republic 2017: rank 10Slovak Republic 2018: rank 9Slovak Republic 2019: rank 9Slovak Republic 2020: rank 8Slovak Republic 2021: rank 7Slovak Republic 2022: rank 9Slovak Republic 2023: rank 8Slovak Republic 2024: rank 7Slovak Republic 2025: rank 9Slovak Republic 2026: rank 12#10#12

OECD Context

Each row places all 38 countries on a 0–100 score scale for one measure. Slovak Republic is highlighted; the dashed line is the OECD median.

All 38 Countries' Ranks

Overall and category ranks for all 38 countries
CountryOverallCorporateIndividualConsumptionPropertyCross-border
Estonia#1#2#1#24#1#7
Latvia#2#1#8#22#4#6
New Zealand#3#31#7#1#8#14
Switzerland#4#7#9#4#36#2
Lithuania#5#3#10#23#6#16
Luxembourg#6#20#21#7#15#5
Czech Republic#7#9#4#32#5#11
Australia#8#29#14#9#3#23
Turkey#9#21#6#15#22#8
Hungary#10#5#3#38#23#4
Israel#11#11#31#11#10#18
Slovak Republic#12#24#2#33#7#17
Sweden#13#6#18#26#9#12
Costa Rica#14#35#13#6#11#29
Canada#15#17#28#8#25#28
Netherlands#16#23#30#14#20#3
United States#17#8#17#3#27#37
Austria#18#18#27#17#17#10
Germany#19#30#34#13#12#9
Norway#20#15#29#27#16#15
Mexico#21#28#26#12#2#38
Finland#22#10#24#28#21#24
Greece#23#22#5#29#30#19
Chile#24#32#23#10#13#36
Slovenia#25#14#12#30#24#30
Korea#26#26#38#2#31#34
Belgium#27#16#15#25#28#21
Japan#28#36#35#5#26#31
Ireland#29#4#36#35#18#27
United Kingdom#30#25#22#34#33#1
Denmark#31#19#37#20#14#32
Poland#32#12#11#36#29#25
Portugal#33#34#19#21#19#33
Iceland#34#13#32#19#34#26
Spain#35#33#20#18#35#20
Italy#36#27#16#37#38#22
Colombia#37#37#25#16#37#35
France#38#38#33#31#32#13

Among European Peers

Slovak Republic ranks 9th of 27 European OECD members on the overall index.

Source: 2026 International Tax Competitiveness Index.

Notes on the Data

The 2026 Index uses the most up-to-date data available as of July 2026. Data may not reflect changes in countries making rapid reforms.

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About the Authors

Alex Mengden Tax Foundation
Expert

Alex Mengden

Economist

Alex Mengden is an Economist at the Tax Foundation, where he focuses on international tax issues and tax policy in Europe. He holds a BA in philosophy and economics from the University of Bayreuth and an MSc in economics from the Ludwig Maximilian University of Munich.

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Luis Zarka

Transatlantic Tax Fellow

Luis Zarka was a 2026 Transatlantic Tax Fellow with the Tax Foundation’s Center for Global Tax Policy.

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