News

Major amendment to the Labour Code 2023 We would like to inform you about the latest developments in the field of labour law. A major amendment to the Labour Code will come into force on 1 October 2023. The part of the amendment concerning, in particular, the right to leave of employees working on the […]

Pillar 2 – Top-up taxes in the Czech legal system The long-awaited draft law on top-up taxes for the purpose of ensuring a minimum level of taxation of large groups, which is the Czech implementation of the European Minimum Tax Directive, is now in the comment procedure. The draft law on top-up taxes is based on […]

Protection of Whistleblowers (Whistleblowing) – new legislation and important obligations On 20 June 2023, the long-awaited Act No. 171/2023 Coll., the Whistleblower Protection Act (hereinafter referred to as the “Act”) was published in the Collection of Laws. The Czech Republic has thus completed the process of implementing Directive 2019/1937 of the European Parliament and of […]

The government’s recovery package The government has presented a package of measures that should lead to a reduction in the public budget deficit. In addition to measures in the tax area, the proposed changes are intended to mainly affect retirement pensions, unemployment benefits and the salaries of state employees. Meanwhile, most of the proposed changes are expected to […]

Changes in the field of labour law We would like to inform you about some current changes in the field of labour law. We would like to summarize them for you briefly, clearly and chronologically (according to their effective date): As of 1 December 2022, the Labour Code has been amended to add paternity leave […]

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 […]