{"id":6320,"date":"2021-11-24T10:12:38","date_gmt":"2021-11-24T09:12:38","guid":{"rendered":"https:\/\/www.dreport.cz\/en\/?p=6320"},"modified":"2021-11-25T10:18:12","modified_gmt":"2021-11-25T09:18:12","slug":"sanctions-for-poor-bookkeeping-and-their-lapse-time-limits","status":"publish","type":"post","link":"https:\/\/www.dreport.cz\/en\/blog\/sanctions-for-poor-bookkeeping-and-their-lapse-time-limits\/","title":{"rendered":"Sanctions for poor bookkeeping and their lapse time limits"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>If an entity does not fulfil its obligations arising from the Accounting Act, it faces a fine for such administrative delict. Sanctions are usually based on the value of assets, they may amount up to 3% or 6% of the assets, depending on the type of the administrative delict. As seen in our practice, the most frequent type of the delict is for example a failure of an entity to publish its financial statements in the collection of deeds maintained by the court holding the Register of Companies. In any case, if a taxation authority reveals such an error, the above mentioned amount of the fine calculated from the value of assets is the maximum possible limit and the tax administrator may impose, and frequently imposes, a lower fine. <\/p>\n","protected":false},"author":117,"featured_media":6321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[663,40,8],"class_list":["post-6320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-tax-administrator","tag-czech-accounting","tag-dreport-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/6320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/users\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/comments?post=6320"}],"version-history":[{"count":1,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/6320\/revisions"}],"predecessor-version":[{"id":6322,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/posts\/6320\/revisions\/6322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/media\/6321"}],"wp:attachment":[{"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/media?parent=6320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/categories?post=6320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dreport.cz\/en\/wp-json\/wp\/v2\/tags?post=6320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}