Announcement of the 1st Public Tender of the National Competence Centre Programme
The Technology Agency of the Czech Republic intends to announce the 1st public tender within the National Competence Centre programme on Wednesday, 28 March 2018.
Download Accounting: News March 2018
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Is Dutch legislation contrary to the Treaty on the EU?
On 22 February 2018, the First Chamber of the Court of Justice of the European Union (“CJEU”) issued a ruling in joined cases C-398/16 and C-399/16. Both disputes concern compliance, or the lack thereof, of the…
New Transfer Pricing Reporting Duty for Financial Institutions
Financial institutions are newly requested to file the transfer pricing appendix to the corporate income tax return already for FY 2017. Do you know what the appendix includes and what are the exceptions?
A New Form of the TP Attachment to the Corporate Income Tax Return
Since 2014, taxable entities that meet specific criteria have been obliged to fill in an appendix to the corporate income tax return related to intercompany transactions. Also due to this measure, transfer pric…
A Change in the Treatment of Tax Exemption of Income from Royalty and Interest Payments?
In late January, an important ruling of the Supreme Administrative Court (SAC) was issued under Ref. No. 3 Afs 250/2016. The ruling is related to tax exemption of income from royalty payments and interest on a …
Check the options to transfer the registered office from non-EU countries
A cross-border transfer of the registered office as stipulated in the Czech Transformation Act has recently experienced a mild but noticeable development. The key limit of the Transformation Act is the fact tha…
Upcoming Amendment to the VAT Act
The Czech Ministry of Finance has presented the first proposed amendment to the VAT Act, which should (barring exceptions) become effective on 1 January 2019. The amendment is set to fully revise the rules for …
Further EET Developments
Following its ruling of 12 December 2017, the Constitutional Court revoked the implementation of the electronic sales records (‘EET’) in the two remaining phases which were to affect the vast majority of sales …