- EET 2.0, launching in 2027, will require electronic recording of cash sales, aiming for a simpler, fully digital, and less burdensome system, especially for small businesses.
- The new system seeks to correct EET 1.0’s mistakes by ensuring legal certainty, functional digital tools, and targeted sector focus, with broad political and expert input.
- Real simplification, sector targeting, and a secure, free state mobile app are key features, with data use limited to the law’s purpose.
- Risks include potential labor shortages as older entrepreneurs may retire rather than adapt, and the lack of early consultation with the Financial Administration could repeat past errors.
- Details on implementation remain unclear, but success depends on data-driven decisions, proper legislative process, and meaningful public and expert consultation.
Source: fiscal-requirements.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.
Latest Posts in "Czech Republic"
- EET 2.0 Scenarios: Operational Impacts, Readiness, and Requirements for Czech Fiscalization Reform
- Upcoming VAT Act Changes: Exemptions, Refunds, Real Estate, and Deduction Rules from 2025-2026
- Czech Finance Minister Unveils Electronic Sales Registration Act 2.0 With Tax Relief and Business Support
- GFŘ Publishes Key VAT Guidelines for Real Estate Effective from July 2025
- New ECJ VAT case T-53/26 (Central Europe Mark) – No details known yet
