News in Brief, April 2026

DOMESTIC NEWS
 

• The Chamber of Deputies has debated the draft of the new Accounting Act and the related accompanying legislation in the first reading and referred both bills to the relevant committees, which have been granted a 120-day period for consideration. The parliamentary debate indicated broad cross-party support for the draft Accounting Act, and no material changes are currently anticipated. By contrast, the accompanying legislation—most notably the amendment to the Income Tax Act—is expected to be subject to further changes through amending proposals. The announced changes are expected to focus primarily on the newly introduced concept of “tax value”, the new concept of finance leases, investments, technical improvements to assets owned by third parties, and transitional provisions. One of the key topics discussed during the first reading was the postponement of the entry into force of both acts until 1 January 2029.
   
• The Ministry of Finance has published the current EU List of Non-Cooperative Jurisdictions in the Tax Area, as approved by the Council of the European Union, in its Financial Bulletin No. 5/2026, and the Tax Deadlines (Tax Calendar) for 2026 in Financial Bulletin No. 6/2026.
   
• From 1 April 2026, the Czech Social Security Administration, in cooperation with the Ministry of Labour and Social Affairs, has launched new services on the CSSA’s ePortal enabling the submission of single monthly employer reports (JHMZ).
   
• The Minister of Labour and Social Affairs has proposed an increase in the total amount of the parental allowance to CZK 400,000. The higher allowance would apply to children born on or after 1 January 2027. The proposal has now been submitted to the inter-ministerial comment procedure.
   
• The financial administration has issued guidance for influencers on what to look out for regarding income tax for 2025.
   
• On 25 March 2026, the Ministry of Justice organised an expert roundtable on the draft regulation on the EU Inc. as part of the so-called 28th Regime in the European Union, which introduces a harmonised legal form for commercial companies across member states.
   

FOREIGN NEWS
 

• The Council of the EU and the European Parliament have reached a political agreement on the reform of the EU customs union. The aim is to respond to growing trade volumes (particularly in e-commerce), an increasing number of standards subject to border checks and a more complex geopolitical situation. A new decentralised European Customs Authority will be established, based in Lille. A new EU customs data centre will be set up, which will serve as a single online environment for the collection and the analysis of customs data, thereby replacing the existing national IT systems. Businesses will submit customs data only once via a central portal, rather than separately to up to 27 authorities. For e-commerce goods, the centre is set to become operational on 1 July 2028, with the gradual expansion to cover all movements of goods to be completed by 1 March 2034.
   
• As at 3 March 2026, a total of 28 countries are included on the OECD list of jurisdictions that have signed the multilateral agreement on the automatic exchange of information under the GloBE rules (GIR MCAA, Pillar Two). The agreement provides for the submission of a single information return and the subsequent exchange of returns, including with respect to non-EU jurisdictions.