News

News 5/2018

2019 Tax Package People tend to be more relaxed than busy in these sultry summer days and it’s the silly season in the media. However, tax specialists can’t complain about having nothing to do. In June, the Government adopted a set of tax amendments...
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News 4/2018

First WTS Tax Bridge: Issue Permanent Establishments in Central and Eastern Europe We would like to introduce you to the first 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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News 3/2018

Pros and cons of the amendment to the Construction Act The amendment to the Construction Act came into force on 1 January 2018. It aims to simplify and accelerate building permit procedures. Efforts have been made to make life easier for all building...
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News 2/2018

Amendment to the Act on the Electronic Registration of Sales The Constitutional Court has decided to cancel certain provisions of the Act on the Electronic Registration of Sales (EET), acting on a proposal from a group of deputies. The major...
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News 1/2018

Stricter conditions for VAT exemption of services directly related to the export or import of goods The General Financial Directorate has published Information on the application of VAT to services directly related to the import and export of goods exempt...
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News 17/2017

Registration of beneficial owners All legal entities entered in public registers, in particular trading companies registered in the commercial register, will have a new obligation from the beginning of next year. With effect from 1 January 2018, information...
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News 16/2017

International tax news in WTS Global publications We would like to inform you of three newsletters recently published by WTS Global: International WTS Journal, Transfer Pricing Newsletter and WTS Global VAT Newsletter. Tax Control Framework The latest...
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News 15/2017

WTS Alfery’s excellent ranking in the “World Transfer Pricing“ In recent years, transfer pricing has been one of the most important areas under close scrutiny by individual countries’ tax administrations, including the Czech Republic. At the same...
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News 14/2017

New obligations under General Data Protection Regulation (GDPR) Legal basis and principles of GDPR On 27 April 2016 Regulation (EU) 2016/679 of the European Parliament and of the Council, General Data Protection Regulation (the “Regulation“ or “GDPR“)...
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News 2/2017

Income tax in 2017 Although 2017 is already in full swing, we would like to sum up certain changes related to income tax effective from 1 January 2017. Many of them were, as usual, approved right at the end of 2016. 1. Personal income tax There have...
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