From March, the international call M-ERA.NET 2 Call 2020 will be opened, which is focused on promoting material research and innovations. Applicants can be both undertakings and public institutions.
The Ministry of the Environment of the Czech Republic plans to announce, in cooperation with the State Agricultural Intervention Fund of the Czech Republic, a call to support projects for submitting the applica…
Parliamentary Press No. 572 updating, inter alia, Act no. 586/1992 Coll., on Income Taxes (the “ITA”) has not passed the legislation process yet and another amendment for 2021 is already being discussed. Accord…
Employees against whom is enforced a decision of state authorities by a certified enforcement administrator (in Czech: exekutor) or who are insolvent are not only worried themselves, but it also means extra wor…
This article provides a high-level overview of the new and revised Standards and Interpretations that are effective for the December 2019 calendar year-end and subsequent accounting periods. Entities are, howev…
In the case of a user who sued a Czech e-shop provider for a login and identification data breach, the Court reached a judgement and awarded financial compensation to the plaintiff. Would you like to find out m…
On 29 November 2019, Amendments to IAS 1 and IAS 8 Definition of Material were endorsed by the European Commission for use in the European Union. The EU effective date is the same as the IASB’s effective date (…
On 29 November 2019, Amendments to References to the Conceptual Framework in IFRS Standards were endorsed by the European Commission for use in the European Union. The EU effective date is the same as the IASB’…
At the end of last year, the Supreme Administrative Court (SAC) handed down a judgment on the application of withholding tax to income paid between two Czech tax residents on the basis of the terms of the concl…