The Czech Republic has published Financial Bulletin No. 19/2021, which provides guidance in relation to changes in interest payable by taxpayers on late tax payment, etc. with effect from 1 January 2021. This includes that taxpayers are required to pay default interest for each day of delay, starting on the fifth working day following the due date up to and including the date of payment. Up to 31 December 2020, the amount of default interest is equal to 14% plus the repo rate set by the Czech National Bank as on the first day of the relevant calendar half-year. From...