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Czech Republic Provides Further Relief for COVID-19

17 June 2020

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Approved Changes

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Czech Rep

The Czech Ministry of Finance recently announced a further extension of relief measures in response to the COVID-19 pandemic. The measures include: The postponement of the deadline for filing income tax returns until 18 August 2020 for the 2019 tax year, with a waiver of associated penalties for late filing/payment (not available for registered large taxpayers); The postponement of the deadline for the notification of exempt income until 18 August 2020, with a waiver of associated penalties for late filing; A VAT exemption on the free (gratuitous) supply of basic protective equipment, respirators, disinfectants, etc., for which the obligation to...