Real Estate Tax Due Date Payment and Obligation to File Tax Return in 2017

24. 11. 2016

As we have already informed you of the deadlines for the real estate tax payments in one of our previous articles, ‘Real Estate Tax Due Date’, we would now like to remind you of the necessity to perform the payment of its second instalment by the 30 November. The obligation only concerns those taxpayers whose tax liability exceeded the amount of CZK 5,000 and they decided to make use of the possibility to divide the payments in two instalments.

The real estate tax is the only tax to be assessed and paid in advance, the estate tax return is to be submitted by 31 January, 2017 and the data thereof are to be derived from the status quo as of 1 January, 2017.

The tax is only imposed upon those who were recorded in the Land Registry as new owners of real estate in 2016 or whose conditions that are subject to the real estate tax changed – e.g. a change in the number of the owned property,  change in the area of the land they own, property final approval etc.

On the other hand, those who have already filed the estate tax return and registered no aforementioned substantial changes are not obliged to submit a new return. A change in the tax rate, local quotient or residence does not affect the obligation.

If you happen to be among those who are to file the real estate return and are unsure of how the process should be gone through, we would be happy to assist you accordingly.   

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