The debate regarding so-called "Švarcsystém" has been a recurring theme in the business environment for decades. It describes situations where a...
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In response to the increasing number of inquiries regarding the Unified Monthly Employer Report (hereinafter " JMHZ "), the Czech Social Security...
In sports, we generally assume that everyone plays by the rules. This trust is a natural part of the game, much like the fact that everyone on the field...
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On 20 June 2023, the Act on the Protection of Whistleblowers was promulgated in the Collection of Laws under the number 171/2023 Coll. The amendment to the...
At the end of last year, the Supreme Administrative Court (“the SAC”) dealt with a dispute between the plaintiff ADOZ s.r.o. and the defendant Appellate...
By the end of January this year, the Member States of the European Union had to implement Directive (EU) 2019/2121 of the European Parliament and of the...
Many Member States currently levy a withholding tax on dividends on shareholdings and interest on bond holdings paid to investors living abroad in the case...
On 23 June 2023, Act No. 181/2023 on the extraordinary waiver of penalties on social security premiums and contributions to state employment policy and...
In its decision from this February, the Supreme Court of the Czech Republic (hereinafter “ the Supreme Court ”) dealt, among other things, with an oral...
During the useful lives of fixed assets, situations may arise when the residual value of an asset no longer corresponds to the value that the asset is...
Buying land is a costly matter nowadays and in some ways, it is a more challenging process than buying an apartment. During the verification, it is not enough to only check the land register. It is also necessary to look at the zoning plan. This may contain various restrictions that may complicate your building plans at best. At worst, you may not get to build anything at all.
The Council of the EU has presented a proposal to update legislation on cross-border shipments of waste. This initiative focuses on the export of waste, the fight against illegal shipments and the digitisation of this activity. The main change will be a ban on the export of waste destined for disposal to other Member States and a restriction on the shipment of waste to non-OECD countries.
In its judgment of 24 January 2023, Case No. 4 Cmo 129/2022, the High Court in Prague dealt with a statute of limitations objection raised by a managing...
Due to the large number of relationships and transactions between Czech and Slovak tax entities, we provide basic information on the amended transfer pricing...
On 4 May 2023, the Court of Justice of the European Union (CJEU) published several judgments, in which it commented on some key data protection issues.
If a company needs fast operational or project financing, there are several ways to go about it. External resources are often difficult to access. A company,...
In this article we would like to summarize the basic information regarding the annual financial report, i.e. who prepares the report and how it differs from...
On 31 May 2023, the Senate approved two related bills from the Ministry of Finance and the Ministry of Labour and Social Affairs as referred by the Chamber...
The European Union is one step away from adopting a new Ecodesign Regulation that will regulate the manufacturing and marketing of products to improve their energy efficiency and minimise negative environmental impacts. As consumers play a key role in the transition to a more sustainable and greener economy, the new initiatives also focus on providing accurate information on the environmental impact of products and services, thereby helping consumers in their purchasing decisions.