In a recent judgment in Case No. 6 Afs 125/2021, the Supreme Administrative Court (“SAC”) dealt with the question of when the tax administrator is bound by a criminal court judgment and when it is not bound by …
In connection with the windfall tax and the levy on excess income, the tax administration is introducing three new forms: the declaration of the advance payment for the levy and the settlement of the levy on ex…
Last December, the General Financial Directorate (“GFD”) issued the long-awaited instruction GFD-D-59 on a uniform procedure for the application of certain provisions of Act No. 586/1992 Coll., on Income Taxes,…
The Supreme Administrative Court judged what is considered a non-monetary payment in the form of the use of healthcare, educational or recreational establishments, or contributions for cultural or sports events…
The act amending the area of taxation (i.e. the 2023 tax package), including the newly implemented windfall tax, was published in the Collection of Laws under no. 366/2022 Coll. on 2 December 2022 and will beco…
From 1 January 2023, a new amendment of the Income Tax Act and VAT Act and other related acts should come to force. A draft amendment to the Income Tax Act has been approved by the Chamber of Deputies and has r…
The forthcoming amendment to the Income Tax Act and the VAT Act and other related acts brings several changes that should come into force from 1 January 2023. We have prepared an overview of the novelties that …
In the previous days, a draft law on income tax was to be discussed, which would implement the extraordinary profit tax (Windfall Tax) into law from 2023 (for a period of three years). It is an instrument that …
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…