Czech Republic: Draft guidance on calculating floor area for VAT purposes
In anticipation of VAT law changes for real estate and construction set to become effective July 1, 2025
The Ministry of Finance released a draft decree on the method of calculating floor area for value added tax (VAT) purposes.
The guidance is in anticipation of VAT law changes for real estate and construction under the 2024 consolidation package set to become effective July 1, 2025.
Read a May 2025 report prepared by the KPMG member firm in the Czech Republic