On 27 April 2021, the Minister of Finance issued another resolution on waiver of income tax on the grounds of an extraordinary event caused by the coronavirus spread. This time, it relates to the income tax cor…
Based on diverse legal regulations, a vast number of Czech technical standards are binding for their intended users. This is particularly true in the construction industry as well as other fields where special …
Much has been written about the statutory warranty, or, in the terminology of Act No. 89/2012 Coll., Civil Code, as amended (the “Civil Code”), the legal obligation arising from defective performance, by profes…
Outsourcing is a topical issue irrespective of specific industries. This trend is driven by multiple factors, predominantly potential financial savings, development of technological solutions and the digitalisa…
The new Modernisation Fund announced the first-ever so-called actual call in the HEAT programme aimed at modernising heat energy supply systems. Until 1 February 2021, it was possible to submit preliminary regi…
The additional tax assessment by the tax administrator gives rise to the obligation to pay interest on arrears; in addition, this often entails penalties, which may, in total, exceed the amount of the additiona…
In response to the ongoing Covid-19 pandemic, the legislative boom did not forget about investment incentives and the sphere of popular state aid saw positive changes. What are the news for which applicants nee…
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 April 2021.
The Technology Agency of the Czech Republic has launched a public call focused on research in the field of quantum technologies, which is intended for Czech partners of international consortia, which can be bot…