VAT news [November 2021]
According to the decision of the Minister of Finance, the deliveries of respirators will continue to be exempt from VAT until the end of the year. The Minister has also decided to remit the duty to pay VAT on e…
International letter of request and duration of the limitation period for tax assessment
A request for international cooperation, in other words, an international letter of request, is one of a range of instruments that the tax administrator can use in tax proceedings to assess tax correctly. Recen…
Changes to the Customs Tariff for 2022
On 29 October 2021, the Common Customs Tariff for 2022 was officially published. In contrast to previous years, the new tariff will bring many changes, affecting both the tariff codes and wording. Therefore, th…
International CHIST-ERA Call 2021
The Technology Agency of the Czech Republic has opened a call in the field of ICT, the CHIST-ERA Call 2021. It will support projects focused on one of this year's topics: “Nano-Opto-Electro-Mechanical Systems (…
Public tender of the National Centres of Competence Programme
The Technology Agency of the Czech Republic (TACR) is preparing the second public tender of the National Competence Centre Programme, the announcement of which has been postponed in the past.
Preparation of calls from the National Recovery Plan
The Ministry of Industry and Trade is preparing the first calls of the National Recovery Plan, which are expected to be announced in the upcoming weeks. The Plan aims to revive the economy through subsidy suppo…
Call from the Innovation Fund for large projects
At the end of October, a call from the Innovation Fund to support so-called large projects (exceeding EUR 7.5 million) was opened. The support will involve projects focusing on highly innovative technologies, p…
EU plans in the tax area
The EU has announced initiatives in the field of tax policy planned for the end of 2021 and beyond. Here is a short summary.
Acts performed by the tax administrator within a local inquiry may represent material initiation of a tax audit
According to a recent ruling of the Municipal Court in Prague ref. no. 18 Af 11/2021, the tax administrator exceeded the regulatory framework of local inquiry by performing acts corresponding in their nature an…