- Amendment to the VAT Act in 2025 has passed second reading in the Chamber of Deputies
- Changes include VAT deduction claims, corrections of tax on bad debts, taxation of real estate transfers, adjustments to tax base, determining tax base for sale of selected goods to employees, and changes in financial services
- Virtually no amendments were proposed at the second reading
- The amendment will now proceed to the next stages of the legislative process.
Source: dreport.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.
Latest Posts in "Czech Republic"
- Czech Republic Updates VAT and Tax Rules for App-Based Transport Providers, Effective January 2025
- GFD Issues Updated Tax Guidance for Mobile Transport Service Providers, Effective January 2025
- Comments on ECJ case C-796/23: AG Opinion – Separate Legal Entities Must Act Independently to Be Separate VAT Taxable Persons
- SAC Clarifies VAT Rules for Building Land Sales Before and After July 2025 Law Change
- Czech SAC: Share Sale Income Taxable if Company’s Value Mainly from Czech Real Estate
