VAT news [February 2025]
An amendment to the VAT Act is being prepared, which will focus on PPP projects in the field of transport construction. The General Financial Directorate has expressed its views on the changes regarding the eme…
Upcoming amendment to the Top-Up Taxes Act is delayed in the legislative process
On 13 February 2025, the Czech Chamber of Deputies passed the first reading of Parliamentary Document No. 783, which proposes amendments to Act No. 416/2023 Coll., on Top-Up Taxes For Large Multinational Groups…
New grant call for battery storage
The State Environmental Fund of the Czech Republic plans to announce a new call from the Modernization Fund on March 15, titled RES+ No. 5/2025, to support the accumulation flexibility of the power system due t…
Research and development activities from the perspective of multinational groups
Research and development represent a crucial and strategic area for all companies in the market, as they form the basis for economic growth and competitiveness in the modern economic environment. Companies that…
What changes did the amendment to the Excise Duty Act bring?
On January 1, 2025, an extensive amendment to Act No. 353/2003 Coll., on Excise Duties, as amended (hereinafter referred to as the "Excise Duty Act") and other related laws, came into effect. Are you prepared f…
Are you planning a trip to the United Kingdom? Soon, it won’t be possible without electronic authorization!
The United States has its ESTA, the European Union countries are anticipating the arrival of the ETIAS system, and this year the UK is expanding the scope of countries that will require ETA. What are we talking…
The New Digital Finance Act and the Czech National Bank in a new role
Bitcoin, Ethereum, and cryptocurrencies in general are once again becoming widely discussed topics both in the media and among the general public. There are several reasons for this: 1. whether it is the highly…
Amendment to the Lex Ukraine Act: Update in the tax deduction of donations
The law amending Lex Ukraine has already come into effect. Included in this law is an amendment to the Income Tax Measures related to the armed conflict in Ukraine, which introduces changes to income tax that w…
In brief from international taxation [January 2025]
The Czech Republic has concluded new double taxation treaties with Azerbaijan and Mongolia. From January 1, 2025, Belarus will increase the withholding tax on dividends and other similar income paid to non-resi…