From 2025, the income from sales of ownership interests in companies will be taxed for individuals whose income (not profit) from the sale of securities and shares together exceed CZK 40 million for the relevant tax period. Income taxation includes the income from earlier sales paid in the current tax period. Income from sale of securities or shares made before 31 December 2024 and after that date, exceeding CZK 40 million for the tax period, triggers PIT Return obligations. To the amount of taxable income, the selling individual may apply cost amounting to the purchase price of the share or the market value of the share. Therefore, if a business owner, an individual, plans to sell the company in the future, it is advisable to prepare for the valuation of the company as per 31 December 2024.

On 1 July 2024, an amendment to the Investment Companies and Investment Funds Act came into force which brings, among other things, new types of Sub-funds. Newly, it is possible to create sub-funds not only within SICAVs, but also within limited partnerships for investment and newly-defined joint stock companies with fixed share capital (SICAF). With the amendment, all the above-mentioned sub-funds are considered to be taxpayers of corporate income tax. Further, a technical update has been included into the Act amendment. It has been newly ruled that tangible assets can now also be depreciated by a corporate income taxpayer who is not a legal entity. In practice, it has been clarified that, with the amendment, sub-funds and mutual are depreciators of tangible assets.

A large amendment to the VAT Act has been adopted for 2025. As of 1 January 2025 changes in conditions for VAT registration and introduction of the special scheme for SMEs based on the EU Directive become effective. Further, the period for claiming the input VAT deduction is shortened from 3 to 2 years and an obligation to return the claimed VAT from unpaid liabilities is set. New possibilities to get VAT back from the bad debts are introduced. As of 1 July 2025 major changes in the area of taxation of real estate transfers become effective. A test period for taxation of such transfers is shortened from 5 years to 23 months and the concept of taxation of only first transfer within the test period is introduced.

More about VAT in Czech Republic.

As of 1 January 2025, the increase of buildings tax by 50 % at the discretion of the municipality is eliminated without compensation possible where buildings are used for business purposes (not for residential purposes). For 2025, the inflation coefficient is 1, i.e. this coefficient remains unchanged compared to 2024.