Following the judgment in the Kordárna case, the provision regarding the interest on tax deductions was included in the Tax Code with effect from 1 January 2015. However, according to this provision, taxpayers were entitled to financial compensation of only 1 % plus CNB repo rate, and after the amendment effective from 1 July 2017, 2 % plus CNB repo rate. The interest rate and the ambiguity in the interpretation and amendments of the provision have thus become the subject of a number of disputes.
Source Deloitte
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