VAT news [October 2026]
The introduction of excise duty on kratom, the conclusions of the Coordination Committee meeting between the GFD and the Chamber of Tax Advisors of the Czech Republic, and the latest case law of the Court of Ju…
VAT news [September 2026]
A draft amendment to the Sales Registration Act has been submitted to the President of the Czech Republic for signature. The General Financial Directorate has published new information on the application of VAT…
Vítězslav Kapoun from the GFD: APA minimizes the risk of sanctions in the area of transfer pricing
Transfer pricing has been one of the most closely monitored topics of the Czech tax authorities for many years. Transfer pricing audits bring hundreds of millions of Czech crowns in additional revenue to the st…
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 …