The President of the Slovak Republic, Zuzana Čaputová, reportedly signed on 4 October 2019 the Law of 18 September 2019 on amendments to the Income Tax Act the provide for the introduction of a reduced income tax rate for companies and individual entrepreneurs with business income not exceeding EUR 100,000 per year. The reduced rate is 15%, which is down from the standard 21% rate for companies and the standard 19%/25% rates for individuals. For companies, advance tax will still need to be pa…