Public Support of E-mobility
Sustainable development, the decarbonisation of the European economy and the use of renewable energy sources are topics that are currently stirring the public sphere in the context of the Green Deal, which is a…
How to deal with inventory and stocktaking
One of the key activities in the year-end closing and financial statements preparation is stocktaking. Finding out the actual balances of assets and liabilities and comparing them with accounting records is one…
Risks and obligations associated with keeping the payroll records of non-resident employees
Keeping the payroll records of employees who are not tax residents in the Czech Republic may pose complications for the employer‘s payroll department, as specific rules and obligations apply to these employees.…
Fundamental Judgement of the Supreme Administrative Court for the Pharma Industry
At the end of November, the Supreme Administrative Court published a breakthrough judgment for the pharmaceutical sector in case 3 Afs 54/2020-73 Eli Lilly. That judgment concerned the provision of marketing se…
Changes in the deductibility of loan interest from the personal income tax base as of 1 January 2021
As of 1 January 2021, several major changes have been made to the Income Taxes Act regarding the deductibility of interest on loans from building savings, mortgages granted by banks and loans granted by buildin…
In Brief from International Taxation [December 2021]
Austria’s government proposes a taxation of cryptocurrencies at a 27.5% tax rate. In the United Kingdom, large businesses will be required to prepare transfer pricing documentation. You can find more detailed i…
How to get the Czech version of the EU COVID-19 certificate
As of 15 November 2021, all foreign nationals who reside in the Czech Republic legally can apply for a Czech version of the Covid-19 digital certificate. In this article, you will find the steps foreign nationa…
Expansion Abroad Through the Lens of Finance: What do Tech Companies Deal With?
The financial foundations of every company are the same. However, in the case of technology companies, the crucial thing is that they have international ambitions from the very beginning. As a result, they grow…
Amendment introduces the fiction of delivery of private-law documents and extends the group of obligatory users of data boxes
One of the next steps following the adoption of the Digitisation Act includes changes in the use of data boxes. From January 2022, the approved amendment will introduce the option of delivering private-law docu…