In our practice, we have noted that the Financial Administration examines the legitimacy of the deduction of gratuitous performance reported on line 260 of the corporate income tax return. Doubts about the accu…
The basic condition for claiming expenditure on research and development projects as a deductible item in the tax return is the timely and correct submission of the "Notice of Intention to Deduct the Deduction …
The amendment to the Tax Code effective from 1 July 2025 has extended the possibilities of waiving penalties that arise, when an additional tax is assessed ex officio. Before the amendment, the tax administra…
The Supreme Administrative Court (SAC) recently addressed the question of the relationship between an inadmissible tax return and the amount of the penalty for late tax return submission. In its judgment ref.…
At the end of last year, an interesting discussion emerged in professional circles, but it has not yet provided a clear solution. The debate between the Chamber of Tax Advisors of the Czech Republic and the Gen…
The basic condition for claiming expenses in the implementation of research and development projects within the deductible item in the tax return is the correct and timely submission of the “Notification of int…
In the Chamber of Deputies of the Czech Republic, the new Parliamentary Document no. 783, amending Act no. 416/2023 Coll., on Top-Up Taxes for Large Multinational Enterprise Groups and Large-Scale Domestic Gro…
The forthcoming amendment to Act No. 353/2003 Coll. on Excise Duties, as amended (hereinafter referred to as the “Excise Duties Act”), and other related acts is expected to enter into force on 1 January 2025. A…
At the end of the last year, the attention of the expert community was alerted by the judgement of the Municipal Court in Prague, which sided with a taxpayer in a dispute with the tax administration over the ru…