How to Introduce a Smart Tax Office?
The current coronavirus pandemic has also brought about an increased interest in remote working. However, not all taxable subjects were fully prepared for this situation. We have noticed that many companies suf…
In Brief from International Taxation [May 2020]
In the first half of April, the OECD published the tax transparency compliance reports for eight jurisdictions and the comments on draft legislation on model rules for the collection of information. The US IRS …
Conditions for Drawing Benefits from the Double Taxation Treaty with the Republic of Korea
On 20 December 2019, an amended version of the treaty on the avoidance of double taxation and the prevention of income tax evasion between the Czech Republic and the Republic of Korea (the “Treaty”) entered int…
Online education from the perspective of teachers: technical unpreparedness of schools will pose a challenge even after the pandem…
Schools have been in the online mode for two months, and some pupils and students are slowly returning to their desks, although with some limitations. However, once the doors of our educational institutions are…
Synchronous vs. asynchronous teaching: How to adjust methods for online education?
In relation to the form of its teaching, each subject has its specifics. Czech, Mathematics, Biology, History, English, Music… in each of these (and many more) lessons, the teacher needs to use a different teac…
The Court rejected actions of the state outside the Crisis Act regime as unlawful. Companies’ hope for damages increased.
The decision of the Municipal Court in Prague of 23 April 2020 caused a big stir. This decision cancelled some emergency measures of the Ministry of Health as of 27 April 2020 that were adopted in the fight aga…
Amendments to IFRS 3 endorsed for use in the EU
On 21 April 2020, Amendments to IFRS 3 Definition of business 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.
How will the amendment to the Civil Code affect apartment owners?
Amendment No. 163/2020 Coll. to the Civil Code has gone through the legislative process and is signed by the President. The amendment aims to remedy partial deficiencies identified in practice. The amendment co…
Announcement of New Public Tenders for the Support of Applied Research and Innovations by the Technology Agency of the Czech Repub…
In early April, the Technology Agency of the Czech Republic announced a new call aimed at the support of applied research, experimental development and innovations in the area of transportation – TRANSPORTATION…