Windfall tax proposal approved by the Chamber of Deputies

Conflict in Ukraine

On Friday 4 November 2022, after several hours of debates, the Chamber of Deputies approved the Windfall tax proposal in its third reading. The second...

Tomáš Brabenec
Jiří Jakoubek
Jaroslav Foltýn
| 3 min read | November 8, 2022

Windfall tax - we present a draft amendment

Conflict in Ukraine

As a result of the negative effects of the war in Ukraine, the prices of gas, electricity and petroleum products have increased enormously, which in turn...

Tomáš Brabenec
Jiří Jakoubek
| 19 min read | October 24, 2022

Energy price cap in Q&A with our experts

Conflict in Ukraine

Below, we bring you questions from the interview for Aktuálně.cz and answers from our experts from GT Advisory.

Jiří Dvořák
| 5 min read | October 11, 2022

Opinion of the Ministry of Finance on Sberbank

Conflict in Ukraine

On 23 June 2022, the Ministry of Finance published its opinion on the accounting and budgetary treatment of certain facts related to Sberbank CZ, a.s.

3 min read | October 11, 2022

Windfall tax on extraordinary profits

Conflict in Ukraine

As a result of the negative effects of the war in Ukraine, the prices of gas, electricity and petroleum products have increased enormously, which in turn...

4 min read | October 7, 2022

Diesel fuel will continue to be taxed at a lower excise tax rate

Conflict in Ukraine

As we informed you earlier, the government has reduced excise duty on diesel and unleaded petrol by CZK 1.50 per litre. This reduction was only intended to...

2 min read | October 6, 2022

Tax arrears will become more expensive as a result of the rising CNB repo rate

Tax Audit

With effect from 1 January 2021, we welcomed the amendment to Act No. 280/2009 Coll., the Tax Code, which reduced interest on late payment of tax arrears.

6 min read | September 27, 2022

Energy price compensation and the sustainability trend

Conflict in Ukraine

From the perspective of the energy market, many companies face several challenges today, as well as threats. A fundamental transformation is underway across...

Jiří Dvořák
| 6 min read | September 27, 2022

War Tax or Exceptional Gains Tax: who is at risk?

Conflict in Ukraine

Government parties are currently discussing the possible introduction of a special tax targeting windfall or extraordinary profits. According to the...

3 min read | September 13, 2022
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