- The European Commission has introduced updated NACE codes effective from January 2025. The Czech Statistical Office will implement these codes from January 2026. The Tax Office is preparing a solution for Foreign VAT refund applications, to be presented by September, ensuring timely submissions for 2024 refunds by the deadline of 30 September 2025. The update aims to align business activity reporting with EU standards for accurate VAT filings and refunds.
Source: fintua.com
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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