On 22 October 2009 the National Council of the Slovak Republic approved the amendment to Act no. 595/2003 Coll. on Income Tax which was signed by the President on 11 November 2009 and published in the collection of law on 8 December 2009. The amendment is scheduled to become effective on 1 January 2010. We highlight selected changes introduced by the amendment in our Tax Newsflash.