Czech Republic Relaxes Condition for Deducting Costs for Vocational Training Equipment

The Czech Republic has published Financial Bulletin No. 20/2021, which includes a decision from the Minister of Finance that relaxes the conditions for deducting costs incurred for vocational training equipment. Such equipment is eligible for a 110% deduction subject to the condition that the equipment is used in three tax periods following acquisition. Given that training at schools and certa…
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