Tax 

Announcement of New Public Tenders to Support Applied Research and Innovation of the Technology Agency of the Czech Republic

In May, the Technology Agency of the Czech Republic announced a new call focused on support of applied research and experimental development and innovations DELTA 2.

DELTA 2 aims at providing support to the projects of international cooperation of Czech companies and research organisations with organisations from abroad in order to increase the amount of specific results of applied research, which are expected to be put into practice. One of the partners has to come from a country where the foreign partner agency is based (specifically Brazil, the Republic of Korea, the Socialist Republic of Viet Nam, the State of Israel, the People’s Republic of China – provinces Jiangsu and Zhejiang, Taiwan, Canada – provinces Alberta and Quebec).

A necessary requirement for the project is to achieve a specific result, such as prototype, functional sample, software, patent, design or utility model, etc.

Who can request the grant:

  • Companies can act as candidates in the public tender, whereas research organisations are allowed to act as another participant only.

What the grant can be used for:

  • Personal expenses and scholarships
  • Subcontracting expenses
  • Other direct expenses
  • Indirect expenses

Grant amount per project:

  • Maximum amount of aid per project is unlimited.

Aid intensity per project:

  • Maximum level of aid per project amounts to 74% of total eligible costs.

 Tender period:

  • 14 May 2020 – 15 July 2020
Technology Agency of the Czech Republic Subsidies and investment incentives dReport newsletter
Tax 

The Intrastat reporting will change as of 1 January 2022

In line with the Government regulation on the implementation of certain provisions of the Customs Act in the area of statistics of 23 August 2021, the Intrastat reporting will change with effect from 1 January 2022. The new Government regulation has been prepared in cooperation with the Czech Statistical Office and will replace the existing legislation, i.e. Regulation no. 244/2016 Coll. The main reason for the replacement of the existing legislation is the extensive change of the directly applicable EU legislation in the area of statistics relating to the trading of goods between the Member States. 

22. 9. 2021
Tax 

OECD update on a two-pillar solution

The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (i.e., BEPS Action plan) has agreed on a two-pillar solution to address challenges arising from the digitalisation and globalisation of the economy. There are couple of changes in the current version plan, e.g., Pillar One shall be designed for all MNEs companies fulfilling specific turnover and profitability criteria (see below), while in the previous version of the plan Pillar One was mainly intended for technological giants. 

21. 9. 2021