Investment incentives – what is worth knowing
In this article, we would like to present a few terms from the world of investment incentives that are useful to know if you are already using an incentive or just thinking about it.
Time limit for tax assessment – Courts have changed tax authorities’ illegal practice
Recently, administrative courts have repeatedly defended taxpayer when tax authorities illegally initiated and conducted a tax audit after the tax assessment period has passed following the taxpayer’s disapprov…
Legal News [May 2021]: The act on the registration of ultimate beneficial owners to become effective from June
We bring you the most important news from Czech law: fundamental court rulings, new case law and legislative acts you should not overlook. What will you learn this time? Already from 1 June, the Act on the Regi…
Tax Perspective of Interpretations of the National Accounting Board I-42 and I-43
In January 2021, we informed you about newly issued interpretations of the National Accounting Board I-42 and I-43 that cover the financial reporting of the exchange rate risk in receivables denominated in fore…
Accounting Treatment and Reporting of Government Support and Compensations Provided in Relation to the COVID-19 Pandemic
Although it may seem that the COVID-19 pandemic is on the decline, businesses affected by the epidemic and by governmental anti-pandemic measures can still apply for allowances and support in order to decrease …
IFRS EU Endorsement Process [May 2021]
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 7 May 2021.
Call announcement: Digital Enterprise in OP EIC
The announcement of the Digital Enterprise call is planned for the end of May this year. The submission of applications is to open on 2 September.
Public tender announcement: DELTA 2 Programme
The Technology Agency of the Czech Republic has announced a new call focused on the support of applied research, experimental development and innovation in the field of supporting international cooperation. The…
Verification of foreign public documents for the purpose of immigration proceeding in the Czech Republic
Due to the necessity to attach a special verification clause to some foreign documents, immigration proceedings in the Czech Republic are lengthy for foreigners from numerous countries. The following article re…