The Czech Republic has published Financial Bulletin No. 13/2021, which includes a decision from the Minister of Finance that forgives taxable persons registered for value added tax (VAT) from certain VAT penalties and late payment interest due to COVID-19. According to the decision, the following penalties and late payment interest are waived:
- The penalty for the late filing of a VAT return for the taxable period of February 2021 that the taxpayer is obliged to file by 25 March 2021 and the…