Czech Republic
New IOTA Paper by the Czech Republic: Tax Arrears Write-Off Strategy in the Czech Republic
In the August edition of the IOTA Papers, Michal Kubik, Deputy Head of the Tax Management Section at the Financial Administration of the Czech Republic, outlines the Czech Tax Administration's strategy to enhance tax debt collection through an efficient write-off policy.
With legal support, this approach resulted in significant improvements, including increased voluntary payments and a consistent level of tax arrears since 2019. Despite challenges such as COVID-19 and geopolitical issues, the Czech Republic effectively improved its tax debt management, reaching its long-term goals. You can explore the topic further by clicking on this link.
If you have any relevant issues you wish to share and you would like to see your IOTA Paper published, please get in touch with the IOTA PCP of your Tax Administration and find the submission link in our monthly Newsletter. We are looking forward to receiving your IOTA Paper.
In the meantime, if you would like to browse among the previous issues, you can just head over to the dedicated webpage of the IOTA Papers on the new IOTA Web Portal.
We wish you a good reading!