The Supreme Administrative Court (the “SAC”) has recently expressed its opinion on the legal issue of the possibility of exempting in-kind wages from personal income tax in two judgements: No. 6 Afs 354/2023 an…
Waiver of default interest and interest on the amount deferred is an important instrument that helps taxpayers to reduce the financial impact of additional tax assessments or other situations. The tax authority…
In January, we passed the first deadline for filing the DAC 7 report. Many companies are still figuring out how to create the mandatory XML file, as converting the data is not exactly easy. The tax administrati…
The Tax Administration has published answers to several questions related to the application of windfall tax on its website. The answers address some uncertainties regarding the determination of the taxpayer, t…
The Tax Code allows for the waiver of penalties, default interest, interest on deferred amount and fine for late claims. Once the basic conditions, i.e. the formal requirements and a good tax morale, have been …
In several current judgments, the Supreme Administrative Court has dealt with calculating the statutory deadlines for determining tax in connection with a tax audit. According to the relevant provisions of the …
The issue of transfer pricing is considered to be highly risky by the Czech tax administration and therefore it has been focusing on it in the long term during tax inspections. This trend is also confirmed by t…
In its recent ruling, the Supreme Administrative Court ruled in favour of a taxpayer in a case of an alleged VAT fraud where no outstanding tax existed at the time of the decision. In the heard case, the tax ad…
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…