Archives for 2020

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News 3/2020

Supporting measures related to Covid-19 Dear readers, We would like to inform you about the current supporting measures implemented by the Czech Republic in order to mitigate the negative economic impact of the COVID-19 pandemic on entrepreneurs and employers. Credit instruments The first instrument, implemented by the Czech Republic through the Ministry of Industry and […]
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News 2/2020

TAX MEASURES RELATED TO COVID-19 Dear readers, We would like to inform you about the government measures to mitigate the negative impacts of Covid-19 pandemic in the field of taxation. Income Tax The deadline for filing income tax returns applicable to all natural and legal persons has been extended by 1 July 2020 with no […]
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News 1/2020

Generalized reverse charge mechanism in the Czech Republic The European Commission has permitted the Czech Republic to temporarily apply a generalized reverse charge mechanism from 1 July 2020 to 30 June 2022, i.e. until the final system of VAT rules is implemented. All taxable supplies of goods and services will be subject to the new mechanism […]
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