- From January 2026, VAT exemption will be abolished for direct debits, investment instrument records, and radio/TV fee collection; new digital VAT refund rules for tourists and direct VAT refunds introduced.
- The GFD released detailed guidance on VAT application in real estate from July 2025, clarifying definitions and rules for land, buildings, and VAT rates.
- New information was published on changes to VAT deduction rights effective January 2025, including conditions for small enterprises, car purchases, deadlines, and partial deductions.
- The GFD clarified that VAT deduction cannot be claimed in a supplementary tax return for a period when the recipient did not possess the tax document.
- Upcoming discussions will address VAT application to planning agreements and the reverse charge regime, scheduled for February 2026.
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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