GT News

The government is currently debating an amendment that would introduce a new retirement savings product called the “Long-Term Investment Product.” The...

In connection with the establishment of a data box for a significantly expanded range of persons, the tax office has noticed a large increase in incorrectly...

In Decree No. 85/2023 Coll. of 28 March 2023, the Ministry of Labour and Social Affairs introduced a new amount of compensation for electricity for the...

Refugees from Ukraine, who fled to the Czech Republic (“CR”) after 24 February 2022 to escape Russian aggression were being granted temporary protection,...

The deadline for filing personal income tax returns is also linked to the reporting obligation for exempt income. Under article 38v of the Income Tax Act...

On 31 October 2022, the Supreme Administrative Court (“SAC”) dealt with a cassation complaint between two parties, with a religious community (“the...

With effect from 1 April 2023, a new reporting obligation has been created for employers who employ foreigners enjoying temporary protection under a special...

At the beginning of this March, a draft amendment to the Act on the Residence of Foreigners (hereinafter “ARF”), the Asylum Act and other related laws was...

We would like to inform you that we have published an update to our GT guide for expats with taxes for the Czech Republic for 2023. The guide can be found on...

At the end of 2022, an amendment to the Pension Insurance Act was promulgated under no. 455/2022 Coll., which, among other things, introduced an extension of...

The Supreme Administrative Court (“SAC”) dealt with a cassation complaint 10 Afs 61/2022-41 between a legal entity (“the plaintiff”) and the General Tax...

In its judgment 4 Afs 425/2021-40, the Supreme Administrative Court (“SAC”) dealt with a dispute between an individual (“the plaintiff”) and the Appellate...

The Ministry of Labour and Social Affairs is trying to support working seniors, who are already receiving a retirement pension. The upcoming change, which is...

On 25 January 2023, the government approved the draft bill on extraordinary waiver and extinction of certain tax debts (the so-called “merciful tax summer”),...

Under number D-59 the General Financial Directorate (“GFD”) issued a guidance on certain provisions of Act No. 586/1992 Coll., on Income Taxes (“ITA”)....

On 14 December 2022, the Government of the Czech Republic increased the living minimum and the subsistence minimum with effect from 1 January 2023.