The Recovery Package in the context of tax changes
Following the Government announcement on the Recovery Package, the related amendment to the tax regulations was published. Below we summarise a selection of the most important changes in this area.
Government presents consolidation package called “Czech Republic in Shape”
After weeks of debates and negotiations, the Czech government presented its consolidation and austerity package for the next few years at a press conference on 11 May 2023. The package contains a set of measure…
Electronic records of sales cancelled effective 1 January
On 1 January 2023, the amendment repealing Act. No. 112/2016 Coll., on the Electronic Records of Sales (in Czech abbreviated as “EET”), became effective. What does it mean in practice?
The End of Electronic Records of Sales. What to prepare for?
We have summarised key information on the current developments in the area of electronic records of sales (in Czech abbreviated as “EET”) pursuant to Act No. 112/2016 Coll. (the “Act”). As you will have surely …
The 2023 tax package including the windfall tax was published in the Collection of Laws
The act amending the area of taxation (i.e. the 2023 tax package), including the newly implemented windfall tax, was published in the Collection of Laws under no. 366/2022 Coll. on 2 December 2022 and will beco…