GT News

On 4 November 2022, the Chamber of Deputies of the Czech Republic approved in the third reading a draft amendment to Act No. 586/1992 Coll., on Income Taxes,...

On 4 November 2022, the Chamber of Deputies approved an amendment to the Income Tax Act (ITA) and the Value Added Tax Act (VAT) – Parliamentary Print No....

The government has approved an amendment to the Energy Act, which sets maximum caps on energy prices and at the same time a levy on excessive revenues of...

The Chamber of Deputies has approved an amendment to the VAT Act, which increases the threshold (turnover) for mandatory registration of VAT payers from one...

The revenue of video content creators on streaming platforms such as YouTube and Twitch has come under intense scrutiny by the tax authorities. The processed...

On Friday 4 November 2022, after several hours of debates, the Chamber of Deputies approved the Windfall tax proposal in its third reading. The second...

From December, selected information from personal tax accounts and taxpayer files maintained by the tax office will no longer be available through the...

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

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

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...

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...

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...

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...

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...

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

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