Act No. 200/2025 Coll. amending Act No. 359/2015 Coll. on Automatic Exchange of Financial Account Information for Tax Purposes (the “Amendment Act”) has extended the scope of automated exchange of financial account information to new alternative methods of payment and investment, such as crypto-assets and electronic money.

The Amendment Act transposes Council Directive (EU) 2023/2226 of October 17, 2023 amending Directive 2011/16/EU on administrative cooperation in the field of taxation, known as the DAC8 Directive (the “DAC8 Directive“), into the national law of the Slovak Republic.

Given the nature of crypto-assets, it is difficult to monitor taxable events in cross-border situations, which leads to a loss of tax revenue for states and to the unjustified preferential treatment of crypto-asset users. According to the proponent of the Amendment Act, the Ministry of Finance of the Slovak Republic, the exchange of information (not only) among the OECD member countries is key to combating tax evasion.

In accordance with the DAC8 Directive, the Amendment Act introduces an obligation for crypto-asset service providers to report information on crypto-assets used for payment and investment purposes to the Financial Administration.

The Amendment Act has also extended the scope of automatic exchange of financial account information to electronic money and digital currencies of central banks.

The above changes are set to become effective as of January 1, 2026.