Archives for 2022

Tax package 2023 On Friday, 2 December 2022, the so-called Tax Package 2023 was published in the Collection of Laws, amending the Income Tax Act, the Value Added Tax Act and other related laws. We have already informed you about the introduction of the unexpected profits tax (so called windfall tax) in the NEWS 6/2022. […]

Windfall tax Windfall tax, i.e. tax on unexpected profits, is introduced into the Czech tax system as a subcategory of corporate income tax. It is intended to be an additional taxation of corporations that generate unexpected profits as a result of energy prices and interest rates increase. Exceptional profits of banks and companies in the energy and fossil fuel sectors […]

AMENDMENT TO THE ACT ON REGISTER OF BENEFICIAL OWNERS Introduction After practically one year of operation of the new Act No 37/2021 Coll., on Register of Beneficial Owners (hereinafter referred to only as the “ARBO” or the “Act”), further changes are taking place in this field. An amendment to the Act has been promulgated in […]

Notification of changes which are currently being prepared – Labour Code We are writing to let you know about the latest developments in the field of labour law. Given the importance of the changes which are being prepared, we would like to briefly draw your attention to them before their adoption into Czech legislation. Amendment […]

Holiday income tax innovations to support low-emission mobility At the beginning of July, Act No. 142/2022 amending the Income Tax Act, the Road Tax Act and other laws, came into force. According to the explanatory memorandum to this law, its aim is to promote low-emission mobility. Changes in income taxes The first change concerns employees […]

Do you forget to publish your financial statements in the collection of documents? Entrust the tax office! As we have already pointed out several times in our news, accounting entities are obliged to publish their financial statements in the collection of documents of the public register. In recent years, the registry courts have focused on […]

Personal Income Tax Returns for 2021 With the upcoming season for filing tax returns for 2021, we would like to briefly summarise selected news for this tax period. The changes were introduced mainly by the so-called 2020 tax package, which we informed you about in our News 1/2021 – The 2021 Tax Bundle. Gross income […]