News

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...
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News 5/2022

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...
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News 4/2022

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...
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News 3/2022

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...
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News 2/2022

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...
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News 1/2022

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...
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News 9/2021

Subsidies from the National Recovery Plan The Ministry of Industry and Trade of the Czech Republic has developed the National Recovery Plan, which has already been approved by the European Union. We expect the announcement of the first calls in the near...
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News 8/2021

Waiver of VAT for Supplies of Electricity and Natural Gas in November and December 2021 We would like to inform you that the Ministry of Finance of the Czech Republic has decided on an extraordinary waiver of VAT for supplies of electricity and gas in...
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News 7/2021

VAT Amendment Concerning e-Commerce Comes into Effect In June 2021, in our News No. 6 we informed you that the Chamber of Deputies had approved an amendment to the VAT Act. The amendment should have been effective from 1 July 2021, as required by the...
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News 6/2021

VAT changes related to e-commerce We would like to draw your attention to the amendment to the Czech VAT Act, which should be effective from 1 July 2021. The relevant proposal has already been approved by the Chamber of Deputies; it will now be debated...
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