The Ministry of Finance published the registered taxpayer list according to the § 52 para. 5 of Act no. 563/2009. From 1 January 2022, taxpayers will be able to reach a list of bank accounts which includes domestic and foreign accounts for business purposes. This list is updated daily. Therefore, every VAT payer has to inform the government as soon as possible in case of any change in their bank accounts, for example, the creation of a new account or the deletion of the existing account. In cases where the notification obligation is not fulfilled, or if the taxpayer’s bank accounts are not in the published list, the taxpayer will not be paid any excess deductions or VAT, and a fine of up to 10,000 Euros may be imposed.
A system very similar to the Polish whitelist has been set up, as in the Polish Whitelist for example, only the VAT number is sufficient to find bank accounts.
There are three ways to verify the bank accounts of companies;
- First, the Ministry of Finance of the Slovak Republic published a tool on their website that VAT-payers can manually find the bank account they want to reach easily.
- Second, it is different from the manual searching the list of the registered taxpayers published in XML format called ”Flat File” and suitable for using in mass verification of the alignment with the bank accounts.
- The last method is Open Data Portal which is a web service and developed by Finance administration. The system provides convenience to access a number of third-party programs.