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Czech Republic COVID-19 Measures Include Deadline Extensions and Loss Relief

|Approved Changes|Czech Rep
Czech Rep

The Czech Ministry of Finance has published an overview of tax measures being taken to provide relief in response to COVID-19:

  • The deadlines for the annual income tax returns and payment for legal entities and individuals due 1 April 2020 are automatically extended to 1 July 2020, without penalties or interest (for taxpayers following a non-calendar year, extensions may be applied for)
  • The advance payments for personal and corporate income tax due 15 June 2020 are waived, i.e., the second a…

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