VAT news [November 2023]
The amendment to the VAT Act has been signed by the President. The meeting of the Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors will address a likely change in the …
The announcement of the programme for the installation of photovoltaic power stations is imminent
We can soon look forward to some of the most anticipated calls under the Modernisation Fund, namely the RES+, HEAT, ENERG and ENERG ETS programmes, which will support renewable energy sources and energy efficie…
In brief from international taxation [November 2023]
The European Union has updated its list of non-cooperative jurisdictions. The Italian government has approved a draft legislative decree implementing Pillar II in its tax legislation. According to the CJEU, the…
Pillar II news: global minimum tax from the perspective of Czech transposition (and more)
On 27 October 2023, the Chamber of Deputies approved the draft of the new Czech Top-Up Taxes Act (Parliamentary Document No. 515) in its third reading. Some minor legislative and technical changes were made to …
What changes in the customs tariff await us in 2024
The Common Customs Tariff for 2024 was officially published on 31 October 2023. Compared to previous years, this time the changes to the tariff are rather minor. However, it is still worth reviewing to determin…
Proposal to change the taxation of employee stocks under ESOP
A new regulation on the taxation of employee stocks was submitted on 24 October 2023 within draft amendment No. 3452 to the Government Bill amending certain acts in relation to the development of the financial …
Money mules and their impact on financial crime
Sophisticated tactics have emerged in financial crime that challenge law enforcement and financial institutions. One such technique that has come to the fore is the use of money mules. These individuals (un)con…
The Benefits of Electronic Invoicing via cXML on Coupa
In today's rapidly evolving business landscape, staying competitive and efficient is paramount. One of the key areas where businesses can gain a significant advantage is through the adoption of electronic invoi…
New calls for digital business transformation to be announced soon
The Ministry of Industry and Trade will soon announce two new subsidy calls that aim to strengthen the innovative and smart digital transformation of enterprises in the Czech Republic. The calls entitled Techno…