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From the case-law: wages in kind can be exempt from income tax Payroll agenda

By judgment 6 Afs 354/2023-48, the Supreme Administrative Court (hereinafter “the SAC”) decided on an appeal brought by the Financial Directorate of Appeal...

Marek Toráč
| 8 min read | November 19, 2024
Evidence for advertising costs in the light of recent case law Corporate income tax

In previous years, we have informed you of the ever-tightening trend and increasing demands for evidence in proving tax deductible advertising costs (...

8 min read | November 18, 2024
One-Stop-Shop: Easy VAT management for e-shops expanding abroad Tax & Accounting

Do you have an e-shop but are afraid to open it to customers elsewhere in the EU because you do not want to deal with taxation in a foreign country? Do you...

7 min read | November 12, 2024
Pillar 2: The new DAC 9 will bring one information report International Taxes Advisory

The European Commission has adopted a new proposal (DAC9) to help companies with their Pillar 2 filing obligations (i.e. with respect to top-up taxes).

4 min read | November 5, 2024
Major amendment to the VAT Act approved by the Chamber of Deputies Taxes and Accounting

As we informed you earlier this year (link here ), the Ministry of Finance has prepared an extensive amendment to the VAT Act with expected effect from 1...

Richard Knobloch
| 3 min read | November 5, 2024
Pillar 2 – Some transgressors from the EU International Taxes Advisory

Although by the end of 2023 all Member States were already obliged to implement Council Directive (EU) 2022/2523 on ensuring a global minimum level of...

3 min read | October 8, 2024
SAC: Liability of members of elected bodies for tax debts of a legal entity Procedural advisory

We would like to inform you about an important judgment of the Supreme Administrative Court (SAC) No. 10 Afs 4/2024-38 of18 June 2024, which was published in...

7 min read | October 8, 2024
Modification of conditions for early retirement Personal income tax

The Czech Social Security Administration (hereinafter “CSSA”) has issued a report on the modification of the conditions for early retirement from 1 October...

Marek Toráč
| 4 min read | October 8, 2024
Changes in tax limits for the year 2025 Personal income tax

Based on the draft government decree, the average wage will increase to CZK 46,557 in 2025. Since the proposal has already been approved, below is a summary...

Marek Toráč
| 3 min read | October 8, 2024
Information of the Financial Administration of the Czech Republic in connection with the natural disaster (floods and inundations) that hit the territory of the Czech Republic in September 2024 Procedural advisory

In connection with the recent floods that hit the territory of the Czech Republic, the Financial Administration (hereinafter also the “FA”) reacted to this...

4 min read | September 24, 2024
Floods and donations from the tax perspective Corporate income tax

The floods that hit some areas of the Czech Republic and other countries in recent days have receded. But as the waters recede, the extent of the damage they...

7 min read | September 24, 2024
SAC: Meeting the condition of “residence immediately before the sale” for exemption Personal income tax

In its judgment No 5 Afs 220/2023-36, the Supreme Administrative Court (hereinafter the “SAC”) dealt with an appeal by an individual (the plaintiff) against...

Marek Toráč
| 5 min read | September 23, 2024
From SAC case-law: Application of flat-rate expenses without a trade licence Personal income tax

The Supreme Administrative Court (the “SAC”) dealt with a dispute between an individual (the plaintiff) and the Appellate Financial Directorate (the...

Marek Toráč
| 6 min read | September 23, 2024
Flood donations and VAT Value-added tax

In connection with the recent floods, which affected virtually the entire Czech Republic, the Financial Administration responded to this natural disaster by...

3 min read | September 23, 2024
Crypto-assets and exemption from income tax? Personal income tax

The Czech Chamber of Deputies is currently debating the implementation of EU regulations in the area of financial market digitisation and sustainability...

3 min read | September 23, 2024
Abuse of Law in Taxes – Positive Judgments Transaction and M&A

Two landmark judgments on the issue of abuse of rights are currently being widely discussed in the professional community.

Petr Němec
| 9 min read | September 10, 2024
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