OECD consulting with interested parties to inform of its work in the tax area. A long-awaited decree of the German Ministry of Finance confirms the acceptance of the principles established by court. You can fin…
Global capital markets demand better information about sustainability-related matters to enable investors to factor in sustainability-related risks and opportunities in their assessment of enterprise value. To …
On 11 May 2022, the European Commission announced the release of a draft for a new directive laying down rules to address the tax-induced debt-equity bias. The proposal includes both a debt-equity bias reductio…
In recent years, the tax environment has been going through major changes and greater attention has been paid to the taxation of multinational groups and the prevention of aggressive tax planning within foreign…
The following article briefly summarises the main points of the new interpretation of the National Accounting Board I-47 Received Prepayments Denominated in Foreign Currencies.
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 25 March 2022.
The Technology Agency of the Czech Republic has announced a new call for proposals aimed at supporting applied research, experimental development, and innovation in the field of transport ‒ TRANSPORT 2020+. Wit…
The Income Taxes Act specifies that exempted income of an employee is a non-monetary benefit in the form of the use of medical, educational or recreational facilities and contribution to cultural or sporting ev…
The Coordination Committee of the Czech Chamber of Tax Advisors and the General Financial Directorate drew conclusions on distraints and deductions from salaries, leaseback issues and services provided by munic…