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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If you paid local VAT on goods or services bought in an EU country in 2024, and if you used these supplies for your business, you can claim a VAT refund.
It is a fairly common thing to see. After the final bell rings, young schoolchildren rush out of school and head straight for the nearest shop. There, for a...
In June 2025, the National Accounting Council (“NAC”) approved new Interpretation I-52 related to employee benefits.
As the end of summer approaches, it is a time of year that brings a number of subsidy opportunities for farmers, processors and forest owners. The Ministry...
Slovakia has sold rights to use key frequencies for mobile services for half a billion euros. The Slovak Office for Electronic Communications and Postal...
In the first of a new Grant Thornton series on current international business trends, we explore how the changing economic environment can offer growth...
On 23 July 2025, the Senate approved the Single Monthly Employer Report Bill, which represents a significant step towards administrative simplification for...
On 23 July 2025, the Senate of the Czech Republic discussed and approved an amendment to the Act on Top-up Taxes (Senate Document No. 160).
As we have already informed you, on 27 June 2025 the Chamber of Deputies approved an amendment to Act No. 563/1991 Coll. on Accounting.
In the practice of the Czech business environment, it is not uncommon for persons who do not actually perform their function to be appointed as members of...
Act No. 218/2025 Coll., amending certain acts in the area of tax administration and the competence of the Customs Administration of the Czech Republic,...
On 28 June 2025, Act No. 424/2023 Coll. on requirements for accessibility of certain products and services came into force. It follows European Directive...
In June 2025, the Ministry of Finance of the Czech Republic published a draft Decree on form submissions for top-up taxes as part of the inter-ministerial...
Currently, a draft Government Regulation amending Government Regulation No. 221/2019 Coll., on the implementation of certain provisions of the Investment...
The loss or destruction of a promissory note can be a serious problem, especially if it is a note securing a significant financial transaction. The problem...
We would like to draw your attention to the Information of the General Financial Directorate (“GFD”) regarding the correction of the tax deduction claim for...