The Czech Republic has published Law 366/2022 in the Official Gazette, which was signed into law on 28 November 2022. As previously reported, the law provides for an increase in the VAT registration threshold from CZK 1 million to CZK 2 million, extends accelerated depreciation for assets in the first and second group acquired in 2022 and 2023, and introduces a temporary windfall tax on exceptionally profitable companies in the sectors of energy production and trading, banking, fossil fuel extraction, and production and distribution of petroleum and coking products for a period of three years beginning 1 January 2023.