GT News

The General Financial Directorate provides guidance on determining individual tax residency under Czech law and double taxation treaties, including practical examples.

The Supreme Court clarifies that loan interest payments made before insolvency do not automatically constitute preferential treatment if they arise from an economically balanced contractual relationship.

The Supreme Administrative Court Broadens the Interpretation of Related Parties for Thin Capitalisation Purposes

The OECD has published a draft update to Chapter VII of the OECD Transfer Pricing Guidelines, focusing on intra-group services.

The Court of Justice of the European Union ("CJEU") has handed down its highly anticipated judgment in Case C-603/24 (Stellantis Portugal). This follows the Opinion of Advocate General Juliane Kokott, which we discussed in our previous article ("Further reflections on the assessment of transfer pricing adjustments and VAT – Advocate General's Opinion in Case C-603/24 Stellantis Portugal | Grant Thornton").

The High Court in Prague has granted the request of the security system administrator, authorizing the use of technology enabling biometric recognition of individuals via CCTV and artificial intelligence algorithms within the monitored areas of Václava Havel Airport.

The European Commission has adopted a new temporary State aid framework, METSAF (Middle East Crisis Temporary State Aid Framework), designed to enable Member States to provide faster and more targeted support to businesses affected by the repercussions of the crisis in the Middle East.

The European Union is fundamentally changing the rules of the game for packaging. The new PPWR (Packaging and Packaging Waste Regulation) introduces a unified framework that is directly binding for all EU member states, significantly impacting manufacturers, distributors, retail, and e-commerce alike.

The government-approved proposal for the so-called EET 2.0 plans for the return of the Electronic Registration of Sales (EET) as of January 2027, albeit in a different format than the one abolished in 2023.

Subsidy opportunities for businesses evolve dynamically throughout the year, making right now the ideal time to map out what is available and what lies ahead. Below, we provide an overview of currently open calls as well as those set to launch in the coming months.

In the second half of April 2026, the National Accounting Council (hereinafter " NAC ") approved a draft interpretation regarding the determination of the...

During March of this year, Czech citizens shared a total of 11.4 gigawatt-hours (GWh) of electricity, the highest amount ever recorded in a single calendar...

In February of this year, a new government bill on the forfeiture of assets of unexplained origin was submitted to the Chamber of Deputies. This legislation...

The popularity of cryptocurrencies has surged in recent years, leading more companies to consider how to report these digital currencies in their financial...

The ongoing evolution of economic conditions and the geopolitical environment brings a level of uncertainty that must be carefully reflected in financial...

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