General information
Czech Finance Minister has dismissed recent criticisms of the planned reintroduction of electronic sales records (EET) as a "political shortcut," emphasizing that the updated system, dubbed EET 2.0, has been in preparation for two years with significant input from the business community.
She assured participants that the government would incorporate lessons from past criticisms of the original EET system. "The technologies are different now," she noted, underscoring the modernized approach.
The Finance Minister revealed that entrepreneurs approached her directly at the event, urging the return of sales recording to address stark disparities in the market. "The huge differences don't make sense," she explained, referring to the uneven playing field created by the absence of uniform fiscal oversight since EET's abolition in 2023.
While acknowledging that coalition partners are likely to advocate for certain exemptions, the Finance Minister stressed the need for broad coverage to ensure the system's effectiveness. "If EET is really to work, it should include the maximum portfolio of all entrepreneurs, because otherwise it would lose its meaning," she said. She pointed to the government's program statement, which includes potential relief measures for the smallest self-employed individuals, adding that discussions on these would continue.
The EET revival, set to apply from January 2027 to sectors like trading, gastronomy, and crafts, is positioned as a tool to equalize business conditions, combat the grey economy, and bolster state revenues. The International Monetary Fund has endorsed the move, citing its potential to reduce tax evasion.
As the Ministry of Finance prepares to draft the EET bill by mid-February, with government approval expected in the first half of the year, she comments signal a comprehensive push toward modernized fiscal controls in the Czech Republic.
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