IFRS EU Endorsement Process [June 2021]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 7 May 2021.
The Supreme Administrative Court has issued its first-ever statement on one-crown bonds
Recently, the Supreme Administrative Court was deciding for the first time on a case involving “one-crown bonds”. Surprisingly, the subject matter of the dispute did not concern the abuse of rights. The questio…
Schedule of application receipt for OP EIC and MF calls
In the table below, you can find the current schedule of the calls including a brief description of their focus and deadlines for application receipt within each individual call. If you are interested, we will …
Announcement of a GAMA 2 project public call
The Technology Agency of the Czech Republic has announced a public call focused on the support of applied research, experimental development and GAMA 2 innovations within sub-programme 2. The public tender supp…
Announcement of the first full RES+ programme calls
Within the Modernisation fund, the first so-called sharp calls have been announced in a new programme - this time in the RES+ programme focused on support of the installation of new energy sources and modernisa…
Transfer prices constantly on the radar of tax administration
The issue of transfer pricing is considered to be highly risky by the Czech tax administration and therefore it has been focusing on it in the long term during tax inspections. This trend is also confirmed by t…
Financial statements with a focus on interim financial statements
Financial statements are a set of accounting statements prepared by an entity for a reporting period as of the balance sheet date. There are three types of financial statements: ordinary, extraordinary and inte…
Three new IFRS Publications by Deloitte
In April and May 2021, Deloitte’s Global IFRS Office published three new interesting publications relating to IFRS.
The new EU Tax Policy Framework of the European Commission
On 18 May 2021, the European Commission (“EC”) published its long-awaited Communication on Business Taxation for the 21st Century, introducing a short-term and long-term vision for the business tax policy agend…