The Czech Republic Ministry of Finance has published Financial Bulletin No. 5/2025, which contains Instruction No. GFD-D-67 on the waiver (remission) of tax interest and penalties. The instruction applies for the waiver of interest accrued from 1 January 2015 and penalties assessed from 1 January 2015. This instruction details the legal framework, objectives, and limitations for waiving interest and penalties, emphasizing consistent and objective decision-making by the Financial Administration. It outlines the procedural requirements for applications and the criteria for assessing both formal compliance and the merits of each case. The document specifies factors like the taxpayer's cooperation, reasons for...