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Purpose
The Taxes component covers that most important laws and business practices specific to Slovakia. For generic information about Taxes, see
Taxes (FI-AP/AR).
Features
Country-Specific Features
Country Version Slovakia comes with functions for handling two legal requirements: the use of deferred tax and for rounding VAT (value-added tax) converted from foreign currency.
Country Template
The country template for Slovakia comes with settings for calculating and posting VAT.
