A ruling by the Grand Chamber of the Supreme Court has brought about a fundamental change in the issue of limitation periods. This is just one of the many topics in the latest Legal News. Read our selection of …
Recently, we have seen an increasing interest of the tax authorities in the abuse of law. The Municipal Court in Prague (Ref. No. 3 Af 20/2021-43) recently examined one such case of abuse of law in connection w…
The draft Consolidation Package, which concerned the setting of depreciation limits for M1 passenger vehicles, has been amended following a comment procedure to give the proposal a more concrete outline. As the…
The latest amendment to the Act on the Residence of Foreigners, the Employment Act and the Public Health Insurance Act, and other related acts was approved in June 2023 and most of the changes brought by it cam…
On 20 June 2023, a new Whistleblower Protection Act was published in the Collection of Laws under number 171/2023 Coll. The Act sets a minimum standard of whistleblower protection and requires obliged entities …
The following article briefly summarises the key points of the National Accounting Board’s updated interpretation I-8 Social Fund and Similar Funds from Profit.
The Regional Court in Hradec Králové issued judgment No. 31 Af 21/2022-99 on transfer pricing, where it confirmed the tax administrator’s view that when a valuation difference arises in an intra-group restructu…
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 2 June 2023.
Relatively much has been written in the professional press about the forthcoming amendment to Act No. 125/2008 Coll., on Transformations of Companies and Cooperatives. However, the current wording of the draft …