News in Brief, October 2025

DOMESTIC NEWS
 

• As regards the Czech Republic’s double taxation treaties, developments in September were as follows:
  • On 24 September 2025, a treaty with Malta was signed in Rome. It will come into force once the standard legislative processes in both countries have been completed and will replace the existing treaty in force since 1996. 
  • On 23 September 2025, a treaty with Kenya was signed in Nairobi. Both countries will now follow the standard legislative process leading to the treaty's entry into force.
  • A communication on the application of the treaty between the Czech Republic and Montenegro on the avoidance of double taxation with respect to taxes on income and on the prevention of tax evasion and avoidance was published in Financial Bulletin 14/2025.
  • The list of valid treaties concluded by the Czech Republic was updated on the website of the Ministry of Finance.
     
• A list of contracting states applying the common reporting standard and decisive dates disclosed pursuant to Section 13b(2), Section 13e(7), Section 13g(5) and Section 13p(2) and a list for the purposes of fulfilling the information obligation pursuant to Section 13s(1) of Act No. 164/2013 Coll., on international cooperation in tax administration, has been published in Financial Bulletin 13/2025.
   
• GFD's Instruction D-72 on the waiver of tax-related penalties and interest has been published in Financial Bulletin 12/2025.
   
• Based on a decision by the Czech Customs Administration, the date for the deployment of the modernised domestic import system (e-Import) has been changed. The implementation of this system will be postponed by approximately six months from the previously planned date of 15 December 2025, specifically to 18 May 2026.
   
• Among other things, the following was published in the Collection of Laws in September:
  • an act amending Act No. 325/1999 Coll., on asylum, Act No. 326/1999 Coll., on the residence of foreigners in the Czech Republic and on amendments to certain other acts (No. 314/2025, effective 12 June 2026)
  • an act amending Act No. 563/1991 Coll., on accounting, Act No. 93/2009 Coll., on auditors, and Act No. 416/2023 Coll., on top-up taxes for large multinational groups and large domestic groups (effective 1 January 2026, Print 316/2025)
  • an act amending certain acts on the financial market in connection with the establishment and operation of a European Single Access Point (effective 10 January 2028, Print 317/2025)
  • an act amending Act No. 309/2006 Coll., on ensuring further conditions for safety and health protection at work (effective 1 November 2025, Print 318/2025)
  • a government regulation on the obligations of employers in the event of occupational accidents (effective date January 1, 2026, No. 322/2025
  • the Act on Single Monthly Employer Reporting (effective 1 January 2026, Print 323/2025) and an act amending certain acts in connection with the adoption of the Act on Single Monthly Employer Reporting (effective 1 January 2026, Print 360/2025)
  • the Act on Mandatory Contributions to Retirement Savings Products (effective 1 January 2026, Print 324/2025)
  • a government regulation amending Government Regulation No. 240/2014 Coll., on toll rates, toll discounts, and the amount of remuneration for the provision of European electronic toll services (effective 1 January 2026, Print 327/2025)
  • an act amending Act No. 89/2012 Coll., the Civil Code (effective 1 January 2026, Print 333/2025)
  • Communication of the Ministry of Labour and Social Affairs on the minimum wage, the lowest guaranteed wage levels, and the range of extra pay for work in difficult working conditions for 2026 (Print 356/2025)
  • a government regulation on the general assessment base for 2024, the conversion coefficient for adjusting the general assessment base for 2024, the reduction thresholds for determining the calculation base for 2026, basic pension amounts set for 2026, minimum percentage pension amounts for 2026, and pension increases in 2026 (effective 1 January 2026, Print 365/2025).
     

FOREIGN NEWS

• The European Commission has published its recommendation on increasing the availability of savings and investment accounts with a simplified and more favourable tax regime (SIA). This recommendation calls on EU member states to introduce SIAs to encourage greater participation by small investors in capital markets. The Commission proposes several measures to promote the expansion of SIAs, ranging from incentives for opening and maintaining accounts to simplifying the tax administration relating to the taxation of income from investment portfolio within such accounts.
   
• The updated list of jurisdictions that have signed the Multilateral Competent Authority Agreement on Exchange of GloBE Information (GIR MCAA) under Pillar 2 includes twenty signatories as of the end of September: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Japan, South Korea, Liechtenstein, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Slovakia, Spain, Switzerland, and the United Kingdom.
   
• The KPMG EU Tax Center regularly monitors changes in direct taxation in the EU and internationally. It provides regular summaries of the latest news (E-News) and alerts on important events (Tax Flash), which you can subscribe to.