- Changes in VAT for real estate effective from July 1, 2025
- Affects both sale and rental of properties
- Shortened period for taxing the transfer of selected properties
- VAT applies only to the first delivery within 23 months of completion or significant change
- New definitions introduced for significant change in construction and building land
- Changes in definitions of residential and family houses
- Voluntary taxation option remains, requiring consent from buyers registered in another EU state
- Voluntary taxation for rental now possible without tenant consent if registered in another EU state
Source: accace.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"
- EU Approves VAT Modernization: Electronic Invoicing and Digital Reporting by 2030
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
- ECJ VAT C-513/24 (Oblastní nemocnice Kolín) – AG Opinion – Costs for non-deductible VAT activities do not guarantee proportional deductions
- Czech Tax Authority Launches Campaign to Inspect Online Retailers’ Income Reporting for Tax Compliance
- Czech Republic to Implement Updated NACE Codes from January 2026 for VAT Compliance
