The Technology Agency of the Czech Republic (TA CR) announced the planned public tender under the TREND programme for 22 December 2021. However, the announcement of this tender was postponed, and negotiations a…
On 11 November 2021, the FASB issued Accounting Standards Update (ASU) No. 2021-09 Discount Rate for Lessees That Are Not Public Business Entities.
Following the decision of the Minister of Finance regarding the billing of electricity and gas in relation to VAT remission, the General Financial Directorate has issued a clarifying supplement. The supplement …
On 22 December 2021, the European Commission issued a proposal for a directive implementing the Pillar Two GloBE rules uniformly across the European Union. These rules are part of the OECD's proposal for a two-…
On 12 December 2022, EU member states finally reached an agreement to implement the minimum taxation component at the EU level, known as OECD Pillar Two. The ambassadors of EU member states decided to advise th…
On 9 December 2021, the International Accounting Standards Board (IASB) published 'Initial Application of IFRS 17 and IFRS 9 — Comparative Information (Amendment to IFRS 17)' with an amendment that enables comp…
For the proper management of the payroll and personnel agenda, it is essential to have set up internal systems in line with legal parameters. This primarily concerns compliance with the minimum wage, the minimu…
At the end of 2021, the Technology Agency of the Czech Republic (TA CR) has announced a public tender under the National Centres of Competence programme, which is intended to support cooperation between the res…
In practice, we can see that the tax authorities have increased their control activities, and in view of the state of public finances, this trend can be expected in the future as well. The initiation and conduc…