Czech Republic

income tax returns

The 2023 Tax Package is here!

On Friday, 2 December, 2022, the 2023 tax package, which amends the Income Tax Act, the Value Added Tax Act and other related laws, was published in the Collection of Laws. A brief overview of the most important changes follows. Windfall tax A new 60% tax on profits in excess of 120% of the average […]

Tax Code Amendment Ultimately Not Adopted with Only Three Votes Short

We will have to wait a little bit longer because easier electronic communication with the Tax Office and management of our tax accounts is still to come. The Chamber of Deputies was only three votes short of adopting the amendment to the Tax Code. At the same time, however, the subtle extension of the deadline […]