At the end of the summer, an amendment to Act No. 426/2023 Coll., on top-up taxes for large multinational enterprise groups and large domestic groups, was submitted to the Chamber of Deputies. This amendment aims to align the Czech system more closely with the OECD model rules and the EU Directive.
Among other things, the amendment extends/unifies the deadlines for filing relating to the Czech and attributed top-up tax and modifies the rules for safe harbours and currency conversion. The changes will be applied from 31 December 2023, but the amendment may still change during the legislative process. Currently, there is no registration obligation for top-up tax. We will keep you informed about any updates.
