VAT news [May 2024]
The European Commission postponed VAT changes that were to become valid in 2025 for several years. The Court of Justice of the European Union clarified rules for the determination of tax base for internally dev…
VAT news [March 2024]
In the March VAT News, we provide a comprehensive overview of noteworthy court decisions pertaining to VAT. For instance, the Court of Justice of the European Union has deliberated on the commencement of the ti…
In brief from international taxation [January 2024]
The Supreme Administrative Court of the Czech Republic recently ruled on the tax assessment of a payment for leasing an unequipped aircraft to a non-resident. Italy and Switzerland have enacted specific regulat…
The key tax news of 2024
A number of tax changes came into force at the beginning of 2024. This article provides a summary of the most crucial ones.
Real estate tax: Review your tax return obligation
In connection with the amendment to the Real Estate Tax Act coming into effect as of 1 January 2024, we have prepared not only a summary of the key novelties and changes affecting the obligation to file a tax r…
What is new in real estate taxation?
As part of the consolidation package, the Real Estate Tax Act has also been amended. Most of the changes will already be relevant for the upcoming year 2024. Although many of the changes will be reflected autom…
VAT news [November 2023]
The amendment to the VAT Act has been signed by the President. The meeting of the Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors will address a likely change in the …
Consolidation package heading to the Senate
On 13 October 2023, the consolidation package, or print no. 488 of the Chamber of Deputies, passed its third reading in the Chamber of Deputies of Parliament of the Czech Republic and was referred to the Senate…
Abuse of VAT law for leases of immovable property: What are the court’s conclusions?
Recently, we have seen an increasing interest of the tax authorities in the abuse of law. The Municipal Court in Prague (Ref. No. 3 Af 20/2021-43) recently examined one such case of abuse of law in connection w…