In December 2019, the President of the Czech Republic signed Press No. 509 of the Chamber of Deputies, which amends certain acts in the tax area, and thus finished the legislative process. The Act was published…
The mandatory registration of the beneficial owner was introduced in Iceland since 1 December 2019. The Luxemburg tax authorities published a guideline for the renewal of expiring advance tax decisions. United …
Effective from January 2021, there has been a new obligation to attend adaptation-integration courses for newly arriving foreign nationals from non-EU / non-EEA countries who have a long-term residence in the C…
Higher minimum salary, higher average salary and therefore higher maximum assessment base for the payment of insurance. These are just some of the changes brought by 2020. What other adjustments should we expec…
The amendment to the VAT Act is still in the legislative process; thus, the new rules called “Quick Fixes” have not yet come into effect, and this despite the EU requirements effective from 1 January 2020. The …
The capital city of Prague has issued a general municipal regulation, increasing the local coefficient value from 1 to 2. Based on the increase in the coefficient, the property tax has doubled. This will mainly…
In its recent judgment ref. no. 6 AFS 376/2018-46 of 14 November 2019, the Supreme Administrative Court (hereinafter the “SAC”) dealt with the concept of abuse of law. Let us remind you that the concept of abus…
On 21 November 2019, an agreement on economic partnership was entered into between the EU and Singapore. Since then, all products originating in the EU may be imported to Singapore without customs duties. Simil…
The Supreme Administrative Court (“SAC”) issued two important rulings in relation to the tax-deductible items for research and development (“R&D”). In the first case, the SAC dealt with a possible bias of t…