Czech Republic: Formal filing framework for Pillar Two returns and submissions
Also confirmation of adoption of common understanding to not enforce local GIR filing obligations
Decree No. 68/2026 (published in the gazette on May 20, 2026, and effective as of May 21, 2026) establishes the formal filing framework for Czech Pillar Two tax returns and related information submissions.
The Financial Administration on May 20, 2026, also issued a release regarding Decree No. 68/2026 in which it confirmed that the OECD common understanding of May 18, 2026, has been adopted to waive penalties and not enforce local GloBE Information Return (GIR) filing obligations.
For more information, contact a KPMG tax professional in the Czech Republic:
Vaclav Banka | vbanka@kpmg.cz