The Czech Tax Agency clarified input VAT deduction rules for acquisitions of long‑term assets effective 1 January 2025. The guidance outlines procedures for partial deductions, incorporates the EU cross‑border regime for small enterprises, and sets a deadline for claiming deductions by the end of the second calendar year after the relevant year.
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Key Takeaways
From 1 January 2025, the Czech Tax Agency clarified the input VAT deduction rules for acquisitions of long‑term assets.
It prohibits input VAT deductions for payers on taxable supplies used in other EU countries.
Input VAT deductions must be claimed by the end of the second calendar year after the relevant year.
The guidance outlines specific claim procedures for partial deductions when acquiring long‑term assets.
Primary source
Read the full article at Bloomberg TaxThis summary was published on VATfaqs.com on 15 January 2026. It relates to VAT developments in Czech Republic. The original source is Bloomberg Tax.
