In a meeting held on 5 October 2020, the Government approved a proposal for the intended subject-matter of the new Accounting Act. The Ministry of Finance will prepare and present to the Government the Accounti…
In its emergency meeting on 14 October, the Government passed several subsidy programmes to support businesses and entrepreneurs in economic sectors which have been the most affected by the COVID-19 pandemic. T…
On 15 September 2020, the Court of Justice of the European Union ruled on issues relating to the application of the principle of net neutrality to zero tariffs offered by operators. These tariff packages are ty…
On 9 October 2020, Amendments to IFRS 16 Covid-19-Related Rent Concessions were endorsed by the European Commission for use in the European Union. The EU effective date is the same as the IASB’s effective date.…
During September, the Technology Agency of the Czech Republic announced the planned 4th public tender of the TREND programme, in the sub-programme Newcomers. The programme aims at supporting projects that focus…
The following article provides a brief summary of the main principles of the new interpretation of the National Accounting Board: I-41 “Customer Loyalty Programmes”.
The Ministry of Industry and Trade of the Czech Republic announced several calls for projects focused on digital transformation and energy savings, i.e. calls of the Technology Programme – Industry 4.0 and Ener…
The Australian Treasurer introduced new rules for the loss carry-back system and an amendment to the regime of asset write-offs. Denmark tax authorities additionally assessed taxes to drivers providing internet…
On 1 September 2020, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Convention" or "Multilateral Instrument" or "MLI") entered in…