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…
In judgment No. 29 Af 83/2018-102 of January 2022, the Regional Court in Brno ruled on a situation where a taxable entity motivated employees of another entity to sell its products by paying those employees a b…
Inseparably linked to the Income Taxes Act (“ITA”) is the official instruction of the General Financial Directorate (“GFD”) on a uniform application of certain ITA provisions. Currently, guidance D-22 ref.no. 5…
With the deadline for filing personal income tax returns approaching as early as 1 April 2022 for paper filing and 2 May 2022 for electronic filing, many taxpayers may be wondering how to handle the taxation of…
On Wednesday, 9 March 2022, a governmental draft bill on tax measures in connection with the armed conflict in the territory of Ukraine caused by the invasion of the troops of the Russian Federation was introdu…
With the deadlines for filing corporate income tax returns approaching, we are providing you with a summary of a few areas that may bring about complications in practice. After all, we have observed a lot of co…