Interest on unjustified conduct of the Tax Administrator
Tax AuditIf, contrary to the law, the Tax Administrator delays assessing interest on unjustified conduct, the taxpayer is entitled to further interest on these...
Ivan Fučík is a partner of the group Grant Thornton Czech Republic. His specialisations include international tax planning and application of double taxation treaties and the issue of transfer pricing. He focuses on international tax planning and application of double taxation treaties including transaction consulting.
He has extensive experience in transfer pricing and tax disputes. He also participates in various auditor projects or in arrangement of liquidation of companies. He is an author of the book entitled Daňové aspekty podnikání v koncernu (Tax Aspects of Conducting Business in a Concern) and a co-author of a book on liquidation of companies. He is also a member of the corporate taxation section of the Chamber of Auditors of the Czech Republic.
He has been working in the field for 30 years. He graduated from the Prague University of Economics. He speaks Czech, English, German and Russian.
If, contrary to the law, the Tax Administrator delays assessing interest on unjustified conduct, the taxpayer is entitled to further interest on these...
Natural inventory decline represents an inventory difference, which has its specifics that we will discuss in the following paragraph.
At the end of May this year, the Ministry of Finance issued the new Guidance D - 34 concerning transfer pricing. According to the authors, “the Guidance was...