The government has approved new COVID programs to help businesses and entrepreneurs eliminate or mitigate the effects of a coronavirus pandemic. Businesses can receive a rent allowance of up to 50 percent if th…
Temporary unemployment, transfer to other work, unpaid leave. In view of the current situation, employers have been forced to dust off the often forgotten provisions of the Labour Code again. Employees do not w…
The development of Czech legislation has recently been so rapid that it is starting to be rather difficult to keep track of all the proposed changes. We have therefore prepared a brief overview of some of the p…
We would like to remind you that the applications to several programmes of the Operation Programme Enterprise and Innovation for Competitiveness are still being accepted. The table below shows the current timet…
In May, the Technology Agency of the Czech Republic announced a new call focused on support of applied research and experimental development and innovations DELTA 2.
After the Chamber of Deputies was unable to form a majority for the approval of the original draft amendment to the Tax Code, a new, revised draft was submitted shortly after. It largely copies the original dra…
Based on the sixth amendment to the Directive on administrative cooperation in the field of taxation (the so called DAC VI), taxpayers in the EU Member States, including the Czech Republic, will be required to …
On 11 February 2020 the Organisation for Economic Co-operation and Development (hereinafter the “OECD”) published the final version of the report “Transfer Pricing Guidance on Financial Transactions” (hereinaft…
The Supreme Administrative Court (“SAC”) has issued a ruling (10 Afs 171/2019-51) dealing with the question of how to tax assigned receivables from contractual sanctions arising in the current period or that ar…