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2025 VAT Act Amendment: Changes in Deductions, Real Estate Tax, and Financial Services

  • 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.

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