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.
Non-compliance with electronic filing of tax returns exceptionally without penalties
The tax authorities will not impose penalties for non-compliance with the electronic method of filing tax returns. The reason is the extension of the range of persons for whom a data box has been established as…
Global minimum tax: draft Czech legislation under comment procedure
A new draft act on the top-up tax for the purpose of ensuring a minimum level of taxation for large-scale multinational and large-scale domestic groups (i.e. groups with consolidated annual revenues exceeding t…
The Ministry of Industry and Trade announced a subsidy call for high-end IT equipment for enterprises
On 19 April 2023, the Ministry of Industry and Trade announced the long-awaited Call I. Virtual Enterprise under the Operational Programme Technology and Applications for Competitiveness. This is a subsidy supp…
VAT news [May 2023]
As part of its Recovery Package, the government has introduced new VAT rules that bring changes to amounts of rates and new classification for some items. The effect of the amendment to the VAT Act on real esta…
Jarošov brewery opposed tax assessment of CZK 1 million – changed rules for others too
In April, the Supreme Administrative Court ended a tax dispute, which had been going on since 2020, when the customs a assessed additional excise tax to the Jarošov brewery in the amount totalling almost CZK 1 …
In brief from international taxation [May 2023]
What is the latest news in international taxation? CJEU rules that the German taxation of real estate funds is not compatible with EU law. Switzerland is holding a referendum on global minimum tax. From next Ja…
The Potential programme will support the research and development infrastructure of enterprises
Soon, it will be possible to support projects for building corporate R&D facilities within the Potential programme of the Operational Programme Technology and Applications for Competitiveness. The Potential pro…
Grant support for putting innovation into practice
The Ministry of Industry and Trade has announced the fifth tender in The Country for the Future programme in sub-programme 3 “Innovation into practice”, in which up to CZK 300 million from the National Recovery…