On 9 June 2022, the Ministry of Industry and Trade announced long-expected calls regarding enterprise digitalisation called Virtual Enterprise and Digital Enterprise. A total of CZK 2.1 billion is allocated for…
The new notification obligation will apply to all operators of internet platforms that allow sellers to offer and sell goods and selected services (e.g. the provision of real estate, means of transport, or some…
During a 17 June 2022 vote at a meeting of EU finance ministers (ECOFIN), Hungary surprisingly exercised its veto on EU draft implementation of Pillar Two of the 2021 global tax agreement through the OECD, whic…
On 15 June 2022, the Senate of the Parliament of the Czech Republic approved an amendment to the laws collectively referred to as Lex Ukraine. The amendments primarily concern the tightening of the conditions f…
The Coordination Committee of the GFD and the Chamber of Tax Advisors of the Czech Republic has adopted a decision on the tax treatment of prematurely terminated energy supplies in the event that one of the par…
The OECD continues to address the tax challenges arising from the interconnected digital world. Germany issues a decree on the income tax treatment of virtual currencies, while Sweden reconsiders its position o…
In a recent judgment, the Supreme Administrative Court (“SAC”) heard a case proving the right to deduct VAT on purchased cleaning services and guarding. Beyond the unreviewability of the Regional Court’s judgme…
The so-called package against the rising fuel prices presented by the Government was published on 8 June 2022 in the Collection of Laws under no. 68/2022 Coll., coming into effect as of 1 July 2022. In the area…
The Supreme Administrative Court (“SAC”) delivered a judgment in the area of transfer pricing confirming the opinion of the Financial Administration that fellow subsidiaries of multinational groups operating in…