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Czech Republic Sets Industrial Zones Eligible for New Real Estate Tax Exemption

15 July 2015

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Approved Changes

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Czech Rep

On 8 July 2015, the Czech government approved the industrial zones eligible for the new real estate tax exemption introduced as part of the amendments to the country's investment incentive regime. Of the 90 industrial zones in the Czech Republic, investments in the following 3 may be eligible for a 5-year real estate tax exemption, subject to certain conditions: Ostrava-Mosnov; Holesov; and Most-Joseph Approval for the exemption is decided on a case-by-case basis.