On 2 September 2025, Act No. 316/2025 Coll. was published in the Collection of Laws. Among other things, it amends the existing Accounting Act (the “Accounting Act”). This amendment brings three changes, two …
How to correctly value internally developed or produced inventory? That is one of the most common accounting questions that manufacturing companies ask themselves. In the case of mass production, it is usuall…
In our blog, we regularly inform you about the tax implications of employee stock and option plans (ESOP). This time, we will address the question of how to properly report these employee plans according to Cze…
In late September 2024, we informed you about the Government’s proposal to amend Act No. 563/1991 Coll., on Accounting (the “Accounting Act”). Since then, several developments have occurred. In this article, we…
Not much has been happening lately in the accounting field, aside from the upcoming new Accounting Act, but it is already clear that, since it has not yet been presented to the Parliament, it will most likely n…
On 1 November 2024, the Ministry of Finance of the Czech Republic published the 4th version of the proposal of the new Accounting Act on its website. In addition to the previously announced changes, it also con…
A number of companies, especially in northern Moravia and Silesia, were affected by the severe floods that swept through the Czech Republic last September. We have prepared a summary outlining the potential eff…
For some time now, we have been informing you about the preparations for the new Accounting Act and the related accompanying legislation, which, among other things, significantly amends the Income Tax Act. All …
The Top-Up Taxes Act came into force at the end of last year, requiring affected companies to disclose in their 2024 financial statements whether they will be liable for the top-up tax, and if so, how much they…
In its resolution of 28 August 2024, the Government approved an amendment to the Accounting Act 563/1993 Coll. (the “Accounting Act”). This amendment is scheduled for discussion during the 112th session of the …