Energy Savings Programme
A new call in the Energy Savings – Photovoltaic Systems with/without Accumulation for Own Use is planned to be announced in December 2019. The call supports projects focused on reducing energy consumption throu…
VAT News [November 2019]
The VAT Act amendment will not be passed by the end of 2019. The General Financial Directorate informed about the new VAT rounding rules. And the Court of Justice of the European Union ruled that member states …
In Brief from International Taxation [November 2019]
A number of states have recently introduced new rules for substance requirements based on which the nexus taxation is derived, among them are Curaçao, the British Virgin Islands, Jersey and Guernsey. The CJEU A…
ESMA has announced Enforcement Priorities for 2019 Financial Statements
On 27 October 2019, the European Securities and Markets Authority (ESMA) announced the priority issues that the assessment of listed companies' 2019 financial statements will focus on.
The Ministry of Finance Presented a Consultation Document of the New Accounting Act
On 14 November 2019, the Ministry of Finance sent a consultation document on the Accounting Act for inter-resort comment procedure. It is expected that the material could be presented to the government in mid-2…
Filing a Motion with the Office for the Protection of Competition Will Be Free of Charge Again
On 13 November 2019, the Constitutional Court announced a major ruling in the area of public procurement, which will have a significant impact on the review of procurement procedures by the public. It is now po…
Are Tax Liabilities Transferred to the Successor Company in the Event of a Demerger?
While in the case of demerger by split-up, i.e. demerger where the demerged company ceases to exist, it is clear that the tax liabilities are transferred to the successor companies, it is less clear to what ext…
Higher Limits for Tender
The Ministry of Industry and Trade of the Czech Republic changed the conditions for announcing tenders as part of the Operational Programme Enterprise and Innovations for Competitiveness.
Announcement of the Second Call for Proposals in the Environment for Life Programme
On 20 November, the Technology Agency of the Czech Republic announced a second call for proposals in the Environment for Life programme, focusing on the support of applied research and experimental development …