The Government of the Czech Republic is preparing an amendment to the Income Taxes Act, with anticipated effect from 2019, which still has to undergo the readings in the Parliament. As we have already informed you in previous dReport issues, the amendment primarily aims to implement the ATAD directive of the EU as well as other significant modifications which were added to the amendment subsequent to the standard consultation procedure.
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On 28 March 2018, the tax administration issued guidance regarding the taxation of non-residents that perform regular intermediation of accommodation and transport services within the Slovak Republic through digital platforms.
In today’s article we will focus on cash pooling as an expanded instrument to optimise corporate accounts and its accounting treatment. We will also remind you of the related obligations to various governmental bodies.
There could not be a more appropriate venue for a May meeting of the SheXO Club than the Fata Morgana glasshouse in the Troja Botanical Garden, which is why we invited the ladies there as part of their next event.
The current Horizon 2020 programme will be replaced by the ninth science and research framework programme entitled Horizon Europe. As part of the new programme, it will be possible to draw funds in 2021 – 2027 for the support of research and innovation, for example in the form of prototype development or the transfer of know-how and technology.
Nowadays there are an increasing number of companies for which the accounting for Uncertainty in Income taxes is relevant and applied, but there are still gaps in knowledge and experience in these accounting treatments.
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 24 April 2018.
