On 7 June 2019, the Chamber of Deputies approved the government proposal of an amendment to the Act on Investment Incentives, Bulletin of the Chamber of Deputies no. 298 of 8 October 2018. The amendment can be …
If you type “compliance” into your browser, you instantly get almost 1 billion search results. In the last few years, many corporate scandals went public and got us all thinking about compliance more than ever …
Family businesses have to be considered a significant element of the Czech economy which is worth supporting. They often operate in regions, where they create additional jobs and maintain regional products, inc…
At the end of April 2019, the Ministry of Finance of the Czech Republic announced its intention to introduce a draft bill on taxation of income from digital services by the end of May 2019. The Ministry seeks t…
E-commerce has been subject to updates in relation to the development of a new wave of EU legislation as part of the “New Consumer Policy”, which governs the issue of online offer rankings and comparison or the…
The outcome of development projects is always uncertain. Therefore, it is important to provide various forms of aid for businesses to embark on these uncertain projects. From the tax perspective, this primarily…
The Technology Agency of the Czech Republic announced the first call for proposals in the TREND programme, focusing on the support of applied research and experimental development. The objective of the TREND pr…
In March 2019, the Financial Accounting Standards Board (FASB) published an Accounting Standards Update (ASU) that amends and clarifies the accounting for production costs for films and episodic content produc…
The acquisition of ownership title to real estate subject to a finance lease by its user is, according to the Ordinance on Real Estate Acquisition Tax, exempt from this tax. However, the Ordinance does not defi…