Govt approves tax changes with effect from 2021

(ČIA) The government has approved a proposal for tax changes with the proposed effect from 2021. The tax package includes the abolition of meal vouchers and the introduction of a meal voucher flat rate. In the area of taxation of income from bonds, it abolishes the exemption of non-residents' interest income from bonds issued abroad by a taxpayer domiciled in the Czech Republic. The package will also enable self-employed persons and companies to reduce their tax base on income taxes by spending on gratuitous non-monetary benefits intended to combat the coronavirus pandemic in the period from March 1 until May 31, 2020. Local governments will be able to real estate taxes set a local coefficient for individual parts of the municipality. The information was published by the Ministry of Finance.



Register newsletter

Get to know about Nordic Chamber, our press releases and all news, straight to your inbox.