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Czech Republic COVID-19 Measures Include Deadline Extensions and Loss Relief

27 March 2020

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Approved Changes

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Czech Rep

The Czech Ministry of Finance has published an overview of tax measures being taken to provide relief in response to COVID-19: The deadlines for the annual income tax returns and payment for legal entities and individuals due 1 April 2020 are automatically extended to 1 July 2020, without penalties or interest (for taxpayers following a non-calendar year, extensions may be applied for) The advance payments for personal and corporate income tax due 15 June 2020 are waived, i.e., the second advance for quarterly payers and first advance for half-year payers following a calendar year (requests may also be made for...