On 30 September 2021, an amendment to the Banking Act was published in the Collection of Laws, which was altered during the legislative process to also include an amendment to the Income Tax Act. This amendment…
The OECD kept its promise and issued a Statement on 8 October 2021 involving a draft implementation plan of the two-pillar solution to address the tax challenges arising from the digitalisation and globalisatio…
The Czech National Accounting Council has approved the new interpretation I-46 (“the Interpretation”) on the accounting treatment of free business and settlement shares in companies with limited liability and a…
The Municipal Court in Prague has decided that short-term rentals made through Airbnb fall within accommodation services, and thus have to be taxed as a business activity. The Supreme Court found that the exces…
In recent years, the compliance with labour regulations applied when posting workers within the EU in connection to the provision of services has come under scrutiny of inspection authorities and in this respec…
We are bringing you the current timetable of calls, including a brief description of the focus and deadlines set for receiving aid applications in each call.
The Ministry of Industry and Trade has announced a call within the ICT and Shared Services Programme – Digital Enterprise, which supports projects focused on the acquisition of new information and communication…
The Ministry of Industry and Trade has completed the development of the new Operational Programme Technology and Applications for Competitiveness (OP TAC) for the programming period 2021-2027, which will replac…
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 31 August 2021.