News

News 6/2019

Start of the last stage of electronic sales registration (EET) and reduction of VAT on certain supplies President Zeman has signed a government amendment of the Act on Electronic Registration of Sales, extending the areas to which EET applies. The...
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News 5/2019

First draft of digital tax bill The introduction of a digital tax has been long debated.  The tax would be imposed on multinational giants such as Google, Facebook or Apple which generate huge profits from the provision of services but have no seat...
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News 4/2019

Creation of a service-related permanent establishment Dear readers, Our briefing at the close of summer is about an interesting judgment of the Supreme Administrative Court file No. 2 Afs 103/2018-46 on the creation of a service-related permanent...
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News 3/2019

Registration of beneficial owners Over the last two years (such as in News 17/2017 and 9/2018) we have informed you regarding the implementation of the register of beneficial owners and the new obligation imposed on all legal entities and trust funds....
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News 2/2019

Tax Package 2019 Last week a set of tax amendments, referred to as the “tax package”, was published in the Collection of Laws. Most of the provisions will come into effect on 1 April 2019; however, there will be some significant exceptions. Please...
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News 1/2019

WTS Alfery’s ‘excellent’ ranking in WORLD TAX and WORLD TP 2019 international tax reviews The evaluation focused on three areas – general advisory for corporations, transfer pricing and tax disputes. WTS Alfery has achieved an ‘excellent’...
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News 9/2018

Registration of beneficial owners The register of information regarding the beneficial owners of legal entities (hereinafter the “register of beneficial owners”) has been in operation for almost one year. As we previously informed you in November...
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News 8/2018

Autumn issue of the WTS Tax Bridge newsletter: Differences in the Common System of VAT in Central and Eastern European Countries Although VAT is the most harmonized tax within the European Union, there are some exceptions in the Common System of VAT...
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News 7/2018

Amendment to the VAT Act effective from 2019 The Ministry of Finance has prepared an extensive amendment to the VAT Act that should come into effect (with certain exceptions) in 2019. The Government presented the draft to the Lower House (Chamber of Deputies)...
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News 6/2018

Second WTS Tax Bridge: Establishing a Company in Central and Eastern Europe. We would like to introduce you to the second issue of the WTS Tax Bridge newsletter for Central and Eastern Europe. The quarterly WTS Tax Bridge newsletter will deal with...
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