The Czech Ministry of Finance has announced that the change in the responsible payer for immovable property transfer tax is effective from 1 November 2016. From that date, the buyer of Czech immovable property is required to pay the transfer tax due, and in no case may the tax obligation be contractually assigned to the seller. Under prior rules, the seller was required to pay the transfer tax while the buyer was only required to act as a guarantor in certain cases.