For five years, the expert public has been waiting for the decision of the Supreme Administrative Court in the matter of deductibility/non-deductibility of the wage compensation in the form of a holiday as part…
In August 2020, the much-expected Instruction No. MF-17 was issued in the Financial Bulletin, reacting to the amendment to the Income Taxes Act in relation to the tax-deductible item for research and developmen…
The Regional Court in Brno has considered several key issues relating to the utilisation of research and development (R&D) deductions and has come to substantial conclusions.
The regional court in Hradec Králové reviewed the legitimacy of calculating the amount of deductions for research and development (“R&D”) by means of ‘calculated expenses’. The court ruled that the Income T…
The Supreme Administrative Court (“SAC”) issued two important rulings in relation to the tax-deductible items for research and development (“R&D”). In the first case, the SAC dealt with a possible bias of t…
Is the research and development cost deduction about to become more attractive for companies?
The outcome of development projects is always uncertain. Therefore, it is important to provide various forms of aid for businesses to embark on these uncertain projects. From the tax perspective, this primarily…
Austria introduced the CFC rules. The European Commission will possibly appeal in a Belgian state aid case. Cyprus sets new rules for the determination of interest rates for notional interest deductions. And Fr…
On Tuesday, 12 March, the Chamber of Deputies approved an amendment to the Income Taxes Act, which also amends rules for applying R&D tax relief. Amendments proposed by the Senate of the Czech Republic were…