Amendment to the Income Tax Act in connection with the war in Ukraine

Conflict in Ukraine

The Chamber of Deputies and subsequently the Senate agreed on an amendment of Act No. 586/1992 Coll., on Income Taxes, as amended (hereinafter the “ITA”)...

Marek Toráč
| 6 min read | May 17, 2022

Set-off of receivables in the context of the Sberbank case

Conflict in Ukraine

According to the current statutory regulation of article 1982 of the Civil Code, the conditions for set-off are, firstly, performance of the same kind and,...

5 min read | May 16, 2022

Donations for Ukraine – deduction from the income tax base

Conflict in Ukraine

On 9 March 2022, the Government submitted to the Chamber of Deputies a draft amendment to the Income Tax Act to support humanitarian and charitable...

3 min read | March 11, 2022

Donations to Ukraine – material aid and VAT

Conflict in Ukraine

In the current situation, sending various humanitarian aid to Ukraine is more than topical. Transport of aid sent in the form of necessary goods is usually...

Richard Knobloch
| 5 min read | March 8, 2022

Current conditions for entry into the Czech Republic and subsequent residence for citizens of Ukraine

Taxation of expats

In view of the current events in Ukraine, we have prepared a brief overview of important information regarding the legal residence of Ukrainian citizens in...

Roman Burnus
| 6 min read | March 2, 2022