On 31 March 2022, the General Financial Directorate (GFD) published information on the website of the tax administration of the Czech Republic regarding the tax assessment of transactions with cryptocurrencies,…
With the deadline for filing personal income tax returns approaching as early as 1 April 2022 for paper filing and 2 May 2022 for electronic filing, many taxpayers may be wondering how to handle the taxation of…
In this article we make some observations about cryptocurrencies and the current accounting requirements under IFRSs for those holding, using for payments for goods or services or issuing cryptocurrency.
We would like to draw your attention to an initiative of the Ministry of Finance (MF) which has raised the topic of cryptocurrencies, or virtual assets, and the blockchain technology.
"As a store of value, cryptocurrencies are not a suitable commodity or suitable institutes. The initially expected payment function proved to be ineffective," says Radek Musílek, an Attorney-at-Law at Deloitte …