Filter insights by:

Filters applied:

Showing 16 of 830 content results

16 minutes of private business during working hours as a reason for dismissal? Tax & Accounting

The Supreme Court of the Czech Republic has again dealt with the case of a civil servant, who provably dealt with private matters during his working hours....

Gabriela Jandová
| 7 min read | November 8, 2022
New digital platform reporting duty (DAC 7) approved by the Senate Tax & Accounting

On 3 November 2022, the Senate passed an amendment to the Act on Administrative Cooperation in Tax Matters that introduces a reporting requirement for...

Petr Němec
| 2 min read | November 8, 2022
Change in the average wage for the year 2023 Tax & Accounting

Based on Government Decree No.290/2022 Coll., on the amount of the general assessment base, the conversion coefficient for adjusting the general assessment...

Roman Burnus
| 3 min read | November 8, 2022
Draft bill on extraordinary waiver and extinction of certain tax debts Tax Audit

We would like to inform you about the currently discussed draft bill on extraordinary waiver and extinction of certain tax debts, proposed by the Ministry of...

6 min read | October 25, 2022
Advances on flat-rate tax from 2023 Tax & Accounting

Sole traders in the flat-rate scheme will pay higher flat-rate advances from 2023. The merged monthly payment will include, as before, the increased minimum...

Roman Burnus
| 3 min read | October 25, 2022
5% discount on insurance premiums approved Tax & Accounting

The draft amendment to Act No. 589/1992 Coll. on social security contributions and contributions to state employment policy has been approved. The amendment...

Roman Burnus
| 4 min read | October 25, 2022
Refund of tax overpayment only to a registered account? Tax & Accounting

In its judgment 7 Afs 49/2022-26 of 16 August 2022, the Supreme Administrative Court (“SAC”) resolved a dispute between the plaintiff (an individual) and the...

Roman Burnus
Marek Toráč
| 5 min read | October 25, 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
From case law: income from a trade without a trade licence? Taxation of expats

The Supreme Administrative Court (“SAC”) issued a judgment on the cassation complaint 7 Afs 145/2020-25 of 16 August 2022, which dealt with a dispute between...

Roman Burnus
Marek Toráč
| 6 min read | October 11, 2022
Fines for failure to report exempt income can be waived Tax & Accounting

The General Financial Directorate (“GFD”) has issued Guidance No. GFD D-56 regulating the procedure of financial administration authorities in deciding on...

Roman Burnus
Marek Toráč
| 4 min read | October 11, 2022
From case law: Czech koruna bonds and abuse of law Tax & Accounting

In an appeal, the Supreme Administrative Court (“SAC”) dealt with a dispute between a trading company (“the plaintiff”) and the Appellate Tax Directorate...

Roman Burnus
Marek Toráč
| 5 min read | October 11, 2022
CZECH REPUBLIC DELAYS TRANSPOSITION OF IMPROVEMENTS TO THE STATUS OF WORKERS Tax & Accounting

The Czech Republic has traditionally been lagging behind in transposing directives. The late transposition of Directive (EU) 2019/1152 of the European...

Veronika Odrobinová
| 7 min read | October 10, 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
Czech tax residents had over 848 billion in foreign accounts International Taxes Advisory

The General Financial Directorate (GFD) recently published information on the number of Czech tax residents – individuals with accounts abroad and their...

3 min read | October 6, 2022
New reporting obligation for digital platforms (DAC 7) has been approved by the Chamber of Deputies Advisory

On 30 September 2022, the Chamber of Deputies of the Czech Republic approved an amendment to the Act on Administrative Cooperation in the Field of Taxes. It...

3 min read | October 4, 2022
Load more