VAT news [January 2025]
The General Financial Directorate has issued information on the amendment to the VAT Act, which came into effect on 1 January 2025, as well as information on the application of VAT for fuel payments made throug…
Long-awaited subsidy call for supporting development activities announced
On Friday, 29 November 2024, the DEEP TECH Application subsidy call, aimed at supporting development activities in selected areas, was announced. The support level for some applicants and projects may reach up …
The SAC refers preliminary questions regarding the exemption of royalties from withholding tax to CJEU
The subject matter of the dispute is the rejection of an application for exemption from withholding tax on royalty payments in line with Section 38nb of the Income Taxes Act (“ITA”) retroactively. This provisio…
New opportunities for Ukrainians in Czechia: Transition from temporary protection status to special long-term residence
Ukrainians residing in the Czech Republic under temporary protection now have a great opportunity to secure a more permanent solution for their stay. Once the president signs the final version of the Lex Ukrain…
The impact of Unified Monthly Employer Reporting
At the end of last year, the Ministry of Labour and the Ministry of Finance unveiled a new digitalisation project called the “Unified Monthly Employer Reporting”. This project marks the first phase of the Integ…
Consequences of filing an additional return just before the end of the tax assessment period
At the end of last year, an interesting discussion emerged in professional circles, but it has not yet provided a clear solution. The debate between the Chamber of Tax Advisors of the Czech Republic and the Gen…
Current issues of corporate income tax being addressed in Czech courts
We bring you selected judgments recently issued not only by the Supreme Administrative Court (hereinafter “SAC”) but also by regional courts or the municipal court (hereinafter “RC”). For RC judgments that have…
In brief from international taxation [July-December 2024]
What is the latest development in double taxation treaties? What steps has the EU taken towards the digitalisation of VAT collection? How did the European Court of Justice rule on the issue of state aid from Ir…
What is the current status of Pillar II implementation in Europe?
In recent months, many states have made legislative changes related to implementing the Pillar II regulation. A brief overview of the most important updates is provided below.