Czech Republic


“War tax” in sight

A Europe-wide discussion on the potential adoption of a windfall tax began already in the first half of the year, driven by the global situation over the last months, in particular the ongoing war in Ukraine. Many member states , including the Czech Republic, are now in the process of implementing this kind of taxation. […]

Contributions for ballistic vests, ammunition or medical care. Tax relief for aid to Ukraine will make things easier for tens of thousands of companies.

The President signed an amendment that significantly expands the options for deducting donations made directly to Ukraine. The new measure concerning donations may be applied retroactively for the entirety of 2022. For example, it will now be possible to deduct donations to Ukrainian public benefit organisations or Czech and Ukrainian state organisational units (e.g. the […]