Share with your friends

Czech Republic: International requests for tax information; period for tax assessments

Czech Republic: International requests tax information

An amendment to Czech tax law includes a provision that the statute of limitations for making a tax assessment does not run while there is a pending international request for tax information. This pause on the limitations period for assessment does not apply if the tax at issue is value added tax (VAT).


Related content

The Supreme Administrative Court recently issued a judgment concluding that with respect to income tax, the time limit for assessing tax does not run during periods when there are any pending international requests for information (regardless of when the limitation period on assessment started to run).

International requests for tax information, thus, have implications for the limitation period for assessing tax. Specifically, such international requests for information may take months (or even years). Thus, any pending tax inspections may be extended during this period of time, instead of the assessment being limited by the standard three-year time limit provided for assessing tax. If the inspection then results in an assessment of additional tax, the resulting late-payment interest will be based on the longer period including the information request.

Read a November 2019 report prepared by the KPMG member firm in the Czech Republic

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal