Czech Chamber of Deputies confirms return of EET sales records

The Czech Chamber of Deputies has rejected Senate amendments to the law reintroducing the Electronic Sales Record (EET), confirming the original version to take effect next year. The government aims to use the system to combat the shadow economy, with the Ministry of Finance estimating an additional 14.4 billion CZK in revenue. The law includes various tax changes, such as restoring certain student tax credits and childcare benefits, and exempting specific health benefits from income tax. Finance Minister Alena Schillerová defended the move, stating it would level the playing field for businesses.

Separately, the European Parliament's Committee on the Environment, Public Health and Food Safety (ENVI) has approved a significant change to the European Commission's proposal regarding the emissions trading system (ETS). While the Commission suggested that emission allowances should remain in the Market Stability Reserve (MSR) rather than being invalidated when reserves exceed 400 million, ENVI MEPs voted to maintain the invalidation mechanism. Instead, they proposed increasing the threshold for invalidation from 400 million to 650 million allowances starting March 1, 2027, to ensure market predictability and climate goals.