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Czech Republic Waives Certain VAT Penalties Due to COVID-19

|Approved Changes|Czech Rep
Czech Rep

The Czech Republic has published Financial Bulletin No. 13/2021, which includes a decision from the Minister of Finance that forgives taxable persons registered for value added tax (VAT) from certain VAT penalties and late payment interest due to COVID-19. According to the decision, the following penalties and late payment interest are waived:

  • The penalty for the late filing of a VAT return f…

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