• Service: Tax, Global Indirect Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 1/17/2014

Czech Republic - New real estate tax return filing requirements 

January 17:  Certain taxpayers in the Czech Republic must file real estate tax returns in 2014, even if they neither acquired nor sold real estate. Yet, there may be a decrease in the amount of the tax liability for some of these taxpayers.

Read a January 2014 report [PDF 305 KB] prepared by the KPMG member firm in the Czech Republic: Financial Update (January 2014)

Other topics addressed in the January 2014 report include:

  • Withholding tax for persons who have not signed a tax declaration form with their employers
  • Changes to depreciation of a “right to build” and possess a structure on land owned by others for accounting purposes
  • New information concerning the “unreliable payer concept”
  • Value added tax (VAT) on commodity futures
  • Changes allowing entrepreneurs to amend the general terms and conditions over the duration of a contract

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