VAT news [April 2026]
The General Financial Directorate disagrees with a judgment of the General Court of the Court of Justice of the European Union concerning the tax period in which the right to deduct VAT may be exercised. The Co…
Extension of the possibilities of waiving penalties and fines for failure to submit a control statement
The amendment to the Tax Code effective from 1 July 2025 has extended the possibilities of waiving penalties that arise, when an additional tax is assessed ex officio. Before the amendment, the tax administra…
VAT news [October 2025]
The General Financial Directorate admitted the possibility of extending group VAT registration and drew attention to the obligations of taxi drivers using mobile applications from other companies. The Court o…
VAT news [June 2025]
In response to the changes brought about by the amendment to the VAT Act, the Ministry of Finance has modified the method of calculating the floor area in its decree. The General Financial Directorate has iss…
Information of the GFD on the “new” method of depreciation of photovoltaic power plants
On 13 June 2025, the General Financial Directorate issued methodological information containing recommendations on how to proceed with the depreciation of a photovoltaic power plant. Changes in this area were…
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 …
VAT news [February 2025]
An amendment to the VAT Act is being prepared, which will focus on PPP projects in the field of transport construction. The General Financial Directorate has expressed its views on the changes regarding the eme…
VAT news [January 2025]
The General Financial Directorate has issued information on the amendment to the VAT Act, which came into effect on 1 January 2025, as well as information on the application of VAT for fuel payments made throug…
Consequences of filing an additional return just before the end of the tax assessment period
At the end of last year, an interesting discussion emerged in professional circles, but it has not yet provided a clear solution. The debate between the Chamber of Tax Advisors of the Czech Republic and the Gen…