The Supreme Administrative Court (“SAC”) has issued a ruling (10 Afs 171/2019-51) dealing with the question of how to tax assigned receivables from contractual sanctions arising in the current period or that ar…
On 20 December 2019, a new Double Taxation Treaty with South Korea became effective. The new agreement applies to income arising in the period commencing after 1 January 2020, or income paid on 1 January 2020 …
The capital city of Prague has issued a general municipal regulation, increasing the local coefficient value from 1 to 2. Based on the increase in the coefficient, the property tax has doubled. This will mainly…
On 1st November, a new legal provision amendment took effect that will allow exempting from real estate acquisition tax also the first acquisition of an apartment unit in a detached house against payment, not j…
The Chamber of Deputies approved a legal provision amendment that will allow exempting from real estate acquisition tax also the first acquisition of an apartment unit in a detached house against payment, not j…
In cases in which the property owner enables the lessee to perform technical improvement on the property and to subsequently depreciate the improvement made, while no compensation is provided upon the lease agr…