Remember to Publish Financial Statements
Publishing financial statements or the annual report ranks among an entity’s regular duties. This article will summarise the essential requirements in this area.
What Private Companies Should Know about the New Revenue Recognition Standard
If your company has not yet started addressing the application of the new US GAAP revenue standard, we would like to draw your attention to an interesting article published by Deloitte & Touche LLP on our w…
Indirect taxes in brief: May 2018
Current information regarding the judicature of the Court of Justice of the EU and judicature of the Supreme Administrative Court relating to the distraining of payment security orders.
The Mongolia Regime and the Philippines Regime
Other special programmes are intended to provide companies with temporary help to overcome the period of lack of employees. The Mongolia and Philippines regimes has been introduced with effect from 1 May 2018. …
Changes in the Ukraine Regime Project
The Ukraine regime was officially launched in August 2016. The Ukraine regime simplifies the hiring of employees from this country. It is intended for direct employers operating in the Czech Republic in the fie…
Regional Court: Clinical Trials of Medicaments Classified as Research
We would like to provide additional information on legal disputes concerning R&D deductible items, this time in the area of clinical studies. In late February, the Regional Court in Hradec Králové issued ne…
OECD’s Multilateral Convention Coming into Force on 1 July 2018
According to the latest information provided by the OECD, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the “Convention”) will come into force…
New treaty with Turkmenistan
On 27 March 2018, the Double Taxation Treaty between the Czech Republic and Turkmenistan came into force. The wording of the Treaty is expected to be published in the Collection of International Treaties shortl…
Announcement of a National Call as part of the LIFE Programme
The Ministry of the Environment has announced a national call as part of the LIFE Programme for submitting applications for support in two sub-programmes – ‘Environment’ and ‘Climate’. Support may be applied fo…