Czech Republic MOF Issues Overview of Tax Measures Prepared for 2026

The Czech Ministry of Finance Jan. 2 announced various tax measures it’s prepared to take effect Jan. 1. The announcement includes measures to: 1) provide a deduction of interest attributable to a taxpayer’s share in a housing cooperative; 2) abolish the 40 million Czech koruna (US$1.9 million) cap on the individual income tax exemption for transfers of specified shares in business corporations for consideration; 3) increase, to 150 percent, from 100 percent, eligible expenditures up to 50 million koruna (US$2.4 million) for the R&D deduction, set a 100 percent rate on expenditures over that amount, and remove the 110 percent ...