Slovak News - July 96 - Unified Procedure For Restaurant Ticket Customers

PUBLICATION OF INSTRUCTIONS OF THE MINISTRY OF FINANCE SR AS TO THE UNIFIED PROCEDURE FOR RESTAURANT TICKET CUSTOMERS

The Ministry of Finance issued instructions stating that, where restaurant tickets are provided by the employer to employees for company catering which have the character of money equivalent, then the cost of the tickets is not a tax deductible expense.

The Ministry of Finance thus officially confirmed the general understanding of this Income Tax Act provision.

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