Do not miss: VAT News – September
The General Financial Directorate has made comments on the issue of correcting the tax base in respect of supplies made for debtors in bankruptcy, the Court of Justice of the EU addressed the rules of exempting…
The Expiry of the Deadline for Entries to Be Made in the Register of Data on Beneficial Owners is Approaching
The Amendment to Act No. 304/2013 Coll., on Public Registers of Corporate Entities and Natural Persons effective from 1 January 2018 has introduced the Register of Data on Beneficial Owners (hereinafter the “Re…
Newly Announced Calls under OP PIK 2018
In early August, the Ministry of Industry and Trade released an updated schedule of calls under the Enterprise and Innovations for Competitiveness Operational Programme (“OP PIK”) for 2018. Compared to the prec…
New Calls of the Operational Programme Environment 2014–2020
The Ministry of the Environment of the Czech Republic together with the State Environmental Fund of the Czech Republic have announced two calls aimed at the support of projects that increase the share of utilis…
Announcement of the Fourth Public Competition under the TRIO Programme
The already fourth public competition under the TRIO programme supporting applied research and experimental development will be announced on 3 September 2018. The anticipated period for filing applications will…
Everything You Wanted to Know about IFRS 15 but Were (Not) Afraid to Ask
IFRS 15 Revenue from Contracts with Customers became effective on 1 January 2018. As the new standard introduces significant changes in revenue recognition in comparison to the existing regulation, we would lik…
New Interpretation of the National Accounting Council on Accruals and Deferrals and Foreign Currency
Today’s issue of Accounting News will briefly summarise the main points of Interpretation I-37 of the National Accounting Council ‘Accruals and Deferrals and Foreign Currency’.
New Calls of the Operational Programme Environment 2014–2020
The Ministry of the Environment of the Czech Republic together with the State Environmental Fund of the Czech Republic have announced two calls aimed at the support of projects that increase the share of utilis…
The echoes of tax inspections on one-crown bonds
The discussion concerning one-crown bonds is continuing. As repeatedly debated in the media, the Financial Administration continues to carry out tax inspections of the companies which issued so-called one-crown…