The Chamber of Deputies adopted the Senate’s modifying amendment, which fundamentally changes the rules for taxation of income of natural persons from the sale of securities and shares. Specifically, this abolishes the limit of 40 million CZK for their tax exemption, provided that the defined time tests are met and the securities or shares are not part of the taxpayer’s business property (assets). From January 1, 2026, these incomes will be completely exempt from tax regardless of their amount. The limit of 40 million CZK will remain in effect for income from the sale of crypto assets only.

The important fact is that the amendment contains no transitional provisions. This means that income from the sale of securities and shares exceeding CZK 40 million, which individuals will still receive in 2025, will be subject to the existing limitation and taxation according to the current legal regulations. The practical impact of the change will thus only occur for income actually received in 2026.

In addition to the abolition of the limit, the amendment also brings partial modifications in the spheres of employee benefits and the definition of low-emission vehicles. The revised text of the law was forwarded to the president for his signature.