The standard value-added tax (VAT) rate in Slovakia is currently 20%. This rate applies to the majority of goods and services in the country, including imports and exports. There is also a reduced VAT rate of 10% that applies to certain types of goods and services, such as basic foodstuffs, books, and certain medical products and services. In Slovakia, VAT is a consumption tax that is levied on the value added at each stage of production and distribution. Businesses are responsible for registering for VAT, charging VAT on their sales, and paying VAT on their purchases.