IFRS EU Endorsement Process: January
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 14 January 2019.…
Extending the effectiveness of regulations governing public support
In 2020, substantial parts of regulations defining the provision of public support shall become ineffective.
New Innovative Programmes: Trend and Environment for Life
The Research, Development and Innovation Council approved a new programmes, “TREND” and Environment for Life .
Technical amendment to the VAT Act – passed by the Chamber of Deputies
The Chamber of Deputies passed a technical amendment to the VAT Act in the third reading.
Google Receives a Fine of EUR 50 Million for Violating the GDPR
On 21 January 2019, the French equivalent of the Czech Office for the Protection of Personal Data (the “OPPD”), Commission nationale de l'informatique et des libertés (the “CNIL”), imposed a fine of EUR 50 mill…
Deloitte’s Conference Addressed the Current Issues and Challenges Faced by the Czech Health Care System
A shortage of nurses, doctors and medical students and their subsequent departure abroad, overtime work by medical staff, a low proportion of GDP going towards health care, and low wages and salaries. These are…
Free Trade Between the EU and Japan
The Economic Partnership Agreement (EPA) concluded between the EU and Japan on 17 July 2018 will enter into force on 1 February 2019, which is surprisingly ahead of the planned date.
11 pieces of advice and recommendations to get the better of the personal data protection regulation
The General Data Protection Regulation or the GDPR was one of the most discussed topics last year. Its compulsory implementation in practice, which occurred in May 2018, was preceded by stormy debates, careful …
VAT Control Statement has been in operation for almost three years. Did it prove itself in practice?
When the VAT Control Statement was introduced in 2016, many feared the changes that were linked to this new tax report. The transition to the VAT Control Statement that each VAT payer must provide along with th…