dReport newsletter

Tax 

What to watch out for when combining public support (subsidies or investment incentives) and R&D tax-deductible items?

Experience shows that a large number of companies only use one form of public support, whether these are subsidies or investment incentives, or an R&D tax-deductible item. In fact, these companies are often entitled to using several forms of support at the same time, combining them in an efficient manner and thus maximizing the benefits. Combining various forms of support, however, involves certain rules that need to be observed. 

23. 6. 2021
Law 

Legal News [June 2021]: the Constitutional Court commented on the conditions for withdrawal from the non-competition clause

In its judgment, the Supreme Court emphasised the difference between "professional care" and "due managerial care". The Supreme Court also ruled that in the case of disinheritance, reasons that occurred after the making of the deed of disinheritance are also relevant. According to the Supreme Court, when examining the continuity of the right to be entered in the Land Register with the existing entries, the status of the entry at the time of the application for entry is decisive. What other interesting judgments have we seen in the field of Czech law? 

23. 6. 2021
Tax 

The Supreme Administrative Court has issued its first-ever statement on one-crown bonds

Recently, the Supreme Administrative Court was deciding for the first time on a case involving “one-crown bonds”. Surprisingly, the subject matter of the dispute did not concern the abuse of rights. The question was whether the company had proved the tax deductibility of bond interest in line with Section 24 (1) of the Income Tax Act. The Court agreed with the tax authorities on this matter and confirmed additional tax assessment. It should be pointed out that the factual circumstances of the case were specific. 

23. 6. 2021
Tax 

Announcement of a GAMA 2 project public call

The Technology Agency of the Czech Republic has announced a public call focused on the support of applied research, experimental development and GAMA 2 innovations within sub-programme 2. The public tender supports the commercialisation of significant innovation solutions and growth as well as development of small and medium enterprises and start-ups. Furthermore, the verification of outputs and results of applied research is supported within the public tender with the aim of their further practical or commercial or social use. 

22. 6. 2021
Tax 

Announcement of the first full RES+ programme calls

Within the Modernisation fund, the first so-called sharp calls have been announced in a new programme - this time in the RES+ programme focused on support of the installation of new energy sources and modernisation of existing renewable energy sources (RES) as well as elements of an active energy economy. Until 1 February this year, pre-registration was open for applications based on which it will now be possible to submit applications within the currently announced call. 

22. 6. 2021