New National Accounting Standards Board’s Interpretation I-50
The following article briefly summarises the main points of the National Accounting Standards Board’s new Interpretation I-50 Deferred Tax and Exchange Differences Excluded from Taxation.
Grant support for research and development: Anticipated calls to come soon
The fourth quarter of 2024 will bring numerous opportunities for businesses and research institutions regarding long-awaited subsidy programmes aimed to support the development of new products, materials and te…
Amendment to the existing Accounting Act submitted to Parliament
In its resolution of 28 August 2024, the Government approved an amendment to the Accounting Act 563/1993 Coll. (the “Accounting Act”). This amendment is scheduled for discussion during the 112th session of the …
Current rules and news in the Top-Up Taxes Act
In the Chamber of Deputies of the Czech Republic, the new Parliamentary Document no. 783, amending Act no. 416/2023 Coll., on Top-Up Taxes for Large Multinational Enterprise Groups and Large-Scale Domestic Gro…
The implementation of ETIAS is imminent. Why is it important for travelling to Europe?
ETIAS (European Travel Information and Authorisation System) is a new electronic system that is expected to come into force in the first half of 2025. Its main aim is to increase security within the 30 European…
Ministry of Finance confirms the validity of the windfall tax for 2025
In the past few days, following a statement of the Minister of Finance, the discussion regarding the windfall tax and its future has been stirred up again. The tax, which mainly affects energy companies and the…
Legal News [August 2024]: Supreme Court rules on waiver of title to pre-emptive right
The Supreme Court has ruled that a co-owner cannot waive the pre-emptive right in an ambiguous manner and that such a waiver must be unequivocal and beyond doubt. In another judgment, the Supreme Court has held…
In brief from international taxation [June 2024]
The German Ministry of Finance published first draft of proposal for Annual Tax Act 2024. The Swiss Tax Appeals Court ruled that no capital gains tax is due from the sale of shares in an estate company. The Bel…
Amendment to the Act on Conversions will become effective during summer
After a relatively long legislative process, the amendment to the Business Corporations Act is about to take effect, bringing a number of minor and major changes affecting all types of conversions, including th…