- VAT will be applied to selected passenger cars from 1.1.2024
- Input tax deduction limit of CZK 420,000 for acquisition of specified passenger cars
- Limit also applies to technical improvements on selected passenger cars
- Limit applies to lessees of finance leases, not leasing companies
- Input tax limit does not apply to selected passenger cars not classified as fixed assets
Source: pkfapogeo.cz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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