Czech Republic: Tax, economic relief measures (COVID-19)
Czech Republic: Tax, economic relief measures
Tax relief measures in the Czech Republic continue as the government responds to the coronavirus (COVID-19) pandemic.
The KPMG member firm in the Czech Republic prepared April 2020 reports about the following tax relief efforts.
- Changes to the “antivirus programme” combined five types of support for employers, as originally proposed, are divided into two regimes—the government will provide relief for business subject to restrictions of operations or closed under a government order or for businesses encountering economic difficulties. Read an April 2020 report
- Compensation that would be payable to self-employed individuals is pending in legislation that is expected to be signed by the president by 12 April 2020. Read an April 2020 report
- A bill pending before the Chamber of Deputies provides that repayments of business or consumer loans would be postponed generally until 31 October 2020. Read an April 2020 report
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