Lex Brexit – current status
An approved law regulating various areas of so-called hard Brexit passed the legislative process. Following the development of the situation, it will be promulgated in the Collection of Laws unless a UK-EU agre…
New R&D tax relief rules apply
On Tuesday, 12 March, the Chamber of Deputies approved an amendment to the Income Taxes Act, which also amends rules for applying R&D tax relief. Amendments proposed by the Senate of the Czech Republic were…
On Whose Part Does Gratuitous Income Arise When the Lease and Sub-Lease Agreements are Terminated at the Same Time?
In cases in which the property owner enables the lessee to perform technical improvement on the property and to subsequently depreciate the improvement made, while no compensation is provided upon the lease agr…
Can holiday compensation be used as part of the R&D deduction claim?
Holiday compensation and its utilisation as a research and development (“R&D”) deduction has been a widely debated issue in recent years. The General Financial Directorate refused for such compensation to b…
Use of the guide value in determining the real estate acquisition tax base
For the purpose of determining the real estate acquisition tax base, a taxpayer has the possibility to choose either the price determined by an expert valuation or the so-called guide value (“směrná hodnota”) a…
Income Taxes from Dependent Activities and Insurance: What Will 2019 Bring?
The period of annual tax reconciliations and tax returns is approaching. Therefore, we bring you a practical guide with which you will surely outsmart the taxes. We will summarise the tax and insurance news tha…
January VAT news
VAT Rates for public transport, general reverse-charge regime directive or surprising rules of the Court of Justice of the European Union. These are January VAT news.
Latest Schedule of OP PIK Calls
The table below presents the latest schedule of the calls already announced under the Enterprise and Innovations for Competitiveness Operational Programme (“OP PIK”), including the deadlines for submitting appl…
Extending the effectiveness of regulations governing public support
In 2020, substantial parts of regulations defining the provision of public support shall become ineffective.