VAT news [February 2024]
The Financial Administration has issued information regarding the application of the right to deduct tax for M1 passenger cars. Currently, an amendment to the VAT Act is undergoing the comment procedure, which …
Use of the police’s CCTV footage in tax proceedings before the SAC for the second time
After the intervention of the Constitutional Court, a case concerning the possibility of using the police’s CCTV footage in tax proceedings has returned to the Supreme Administrative Court (the "SAC"). We infor…
Subsidies to support electromobility from the National Recovery Plan
The Ministry of Industry and Trade has published a call called “Electromobility Guarantee” where businesses of all sizes can apply for support for emission-free (battery and hydrogen electric) vehicles and char…
New schedule of the Operational Programme Technologies and Application for Competitiveness (OP TAC) grant calls for 2024
The year 2024 brings an ambitious plan of the Operational Programme Technologies and Application for Competitiveness with several key challenges to strengthen innovation, energy efficiency and sustainable devel…
RES+ calls for support for rooftop and ground-mounted photovoltaic power plants have been announced
On 21 December 2024, the long-awaited calls for support for photovoltaic systems from the Modernisation Fund RES+ No. 1/2024 and RES+ No. 2/2024 were announced.
VAT news [January 2024]
In the current VAT news, we present selected changes brought by the latest amendments to the VAT Act effective from January 2024. We recall, for example, which goods and services fall under the reduced 12% rate…
In brief from international taxation [January 2024]
The Supreme Administrative Court of the Czech Republic recently ruled on the tax assessment of a payment for leasing an unequipped aircraft to a non-resident. Italy and Switzerland have enacted specific regulat…
News on the global minimum tax and its Czech implementation
At the end of last year, a new Act on Top-Up Taxes for large multinational groups and large domestic groups was published in the Collection of Laws, which introduces the global OECD rules, also known as Pillar …
Courts confirm possibility of retroactive application of investment incentive
Last autumn, the courts dealt with an issue that had troubled many tax payers. Is it possible to claim a tax relief arising from investment incentives during the additional assessment procedure? The courts have…