Taxes
VAT amendment from 2027 before Chamber of Deputies: ViDA package and call-off stock…
From January 2027, the VAT Act is set to undergo changes related to the EU VAT in the Digital Age (ViDA) package. The amendment is primarily intended to extend and clarify the rules governing the One Stop Shop (OSS) scheme, reduce the need for VAT…
EET 2.0 in practice: self-service premises, cancellations and foreign-currency…
The financial administration has provided answers to further practical questions concerning EET 2.0. These cover, e.g., self-service premises, foreign-currency payments, and corrections and cancellations of electronically reported sales.
Public CbCR: first obligations as early as 2026
Public country-by-country reporting (Public CbCR) introduces a new obligation for large multinational groups and standalone undertakings to publish a report on income tax information. Unlike the ‘traditional’ CbCR intended for the tax authorities,…
Pillar Two: current status of exchange of information from GloBE Information Returns
In September, the Chamber of Deputies will continue debating the proposed amendment to the Act on International Cooperation in Tax Administration. Among other matters, the amendment sets out the conditions for the automatic exchange of information…
Senate returns EET 2.0 to deputies with amending proposals
Following its debate by the Senate, the EET 2.0 bill is returning to the Chamber of Deputies. Senators recommend several amendments, including removing non-cash payments from the electronic sales reporting and proposing changes to employee benefits.…
Financial Administration’s information on gratuitous supplies and opinion on right…
The Financial Administration has issued an updated version of its Information on the application of VAT to gratuitous supplies of goods. It clarifies the rules for determining the taxable amount (tax base) in the case of charitable donations of…
New EU social security rules: what will employers need to change for cross-border…
The European Parliament has approved changes to the rules of coordinating social security within the EU for posted workers. The aim of the amendment is to respond to the increase in cross-border mobility, define more clearly mobile workers’ rights…
European Commission proposes recast of DAC directives
At the end of June, the European Commission presented a proposal to recast the DAC directives. Alongside the Omnibus package, this is another legislative proposal aiming to reduce the administrative burden, make the rules clearer, and eliminate…
Act on electronic reporting of sales passed by the Chamber of Deputies, with changes…
As part of its debate on the draft Act on the Electronic Reporting of Sales, the Chamber of Deputies has also approved several legislative amendments in the area of income tax. The bill will now be considered by the Senate.
Omnibus: simplification of direct tax rules on the horizon
The European Commission has presented a package of legislative proposals, which includes amendments to EU directives in the area of direct taxes and a proposal to recast the DAC directives. Its aim is to simplify the existing rules and reduce the…
Planning agreements are subject to VAT: substance, not title, is decisive
The General Financial Directorate (GFD) has confirmed that the public-law nature of a planning (zoning) agreement does not in itself mean that the supplies provided under it are outside the scope of VAT. If a municipality, a Prague municipal…
CNB raises rates. How is tax-related interest changing from July?
The CNB’s June increase in the key interest rate to 3.75% will also affect the amount of tax-related interest from 1 July 2026, with an impact not only on default interest on late tax payments but also on compensation paid by the tax administrator…