June flood - related tax relief
The minister of finance used his authority to waive, in full or in part, personal income tax and corporate income tax payments for taxpayers damaged by the flood, including the income tax interest and charges applicable to deferred tax payments with the original due date between the official state of emergency date and 31 October 2013 and to personal income tax advances payable from the official state of emergency date until 31 October 2013 under the conditions stated in the resolution.
The waiver applies to legal entities and individuals damaged by the flood in respect of which an emergency situation was announced on 2 June 2013 by a resolution of the Czech government No. 140/2013, Coll. This applies specifically to the regions of South Bohemia, Pilsen, Central Bohemia, Liberec, Hradec Králové and Ústí and to the city of Prague. For more information, click here.
Other articles
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
KŠB at EMUN’s Investment Outlook 2026 Conference in Prague
Kocián Šolc Balaštík (KŠB) continues its active cooperation with key partners in the investment and financial sectors, most recently as a partner of EMUN’s Investment Outlook 2026 conference.
KŠB advises the National Development Bank on the integration of the Czech Export Bank
KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.
