The Tax Administration of the Czech Republic is launching a pilot project on the assessment of R&D activities in order to facilitate the use of R&D tax deductions. This is a further response of the state to the…
Effective from 1 January 2024, Section 34c of the Income Taxes Act has been amended by adding a new provision stating that in case of doubts by the Tax Administrator, the content of the project documentation ca…
Following the letter of the law may not always be sufficient to defend the tax regime applied. Increasingly, the tax authorities are applying the principle of the prohibition of abuse of law, the primary premis…
Experience shows that a large number of companies only use one form of public support, whether these are subsidies or investment incentives, or an R&D tax-deductible item. In fact, these companies are often…
Requirements for the content of the document entitled “Research and Development Project” (currently “Project Documentation”) became a subject matter of numerous disputes between taxpayers and the tax administra…
For five years, the expert public has been waiting for the decision of the Supreme Administrative Court in the matter of deductibility/non-deductibility of the wage compensation in the form of a holiday as part…
In August 2020, the much-expected Instruction No. MF-17 was issued in the Financial Bulletin, reacting to the amendment to the Income Taxes Act in relation to the tax-deductible item for research and developmen…
The legislative process concerning the digital services tax bill is not over yet. The bill was suspended in the second hearing during the 58th meeting of the Chamber of Deputies, which was opened on 15 Septembe…
Almost three months have passed since the last development in the legislative process of implementing the digital services tax. On 10 June 2020, the parliamentary Committee on the Budget released a resolution; …
The legislative process of passing the Digital Tax Act has not yet come to an end. At present, the act is being considered by the parliamentary Committee on the Budget that is preparing its motions to amend. Wh…