Permanent exemption from tax for unsold beer
- Grant Thornton Czech Republic
On 15 December, Members of Parliament approved an amendment of the excise tax act in a state of legislative emergency the second time, which, with effect from 1 January 2021, enables breweries to return unused beer intended for disposal in justified cases, or rework it back into the regime of conditional exemption from tax, indefinitely. Due to the coronavirus crisis, this has only been enabled until the end of the year. Justified cases need to be substantiated to the tax administrator, after which entitlement for return of the paid excise tax should arise for breweries. For more, see here.