VAT news [March 2025]
The General Financial Directorate has issued guidelines on waiving fines, penalties, and interest. The Coordination Committee of the GFD and the Chamber of Tax Advisors of the Czech Republic will discuss the …
In brief from international taxation [February 2025]
A new double taxation treaty between the Czech Republic and Montenegro has come into effect. The European Commission has presented its tax program for 2025. The OECD highlights inequalities in the current capit…
USA imposes new tariffs on steel and aluminum from the EU: European Commission plans countermeasures
From Wednesday, March 12, 2025, additional tariffs of 25% were imposed on steel and aluminum produced in the EU, as well as on certain products made from these materials and imported into the United States. I…
Restriction on granting Czech citizenship for citizens of the Russian Federation
The amendment to the Lex Ukraine VII law significantly reduced the possibility of obtaining Czech citizenship for citizens of the Russian Federation older than 15 years, at least until the end of March 2026.…
Changes in taxation of ESOP income likely effective from 1 April
On 26 February 2025, the Senate approved a bill that will make the currently mandatory regime of deferred taxation of income from Employee Stock Ownership Plans (ESOPs) optional. As the President did not sign t…
New financial administration tool for communication with tax subjects
During November last year, the financial administration announced its intention to communicate with tax subjects in a new way – through tax echoes. A tax echo is a less formal way of communication where the fin…
Popular calls for photovoltaic plants will soon be relaunched
The State Environmental Fund of the Czech Republic plans to announce calls for the acquisition of photovoltaic power plants again this spring. These will primarily be popular programs focused on acquiring PV pl…
Modernization Fund: Schedule of key calls for 2025
The State Environmental Fund of the Czech Republic has published the anticipated schedule of calls for the Modernization Fund for 2025, bringing significant opportunities for entrepreneurs in the areas of renew…
Amendments in 2025 in the field of personal income tax
At the beginning of the year 2025, several changes in the area of personal income taxation came into effect, and in the coming days and weeks, additional changes will come into effect. Below you will find a bri…