Our goal is to correctly calculate your tax base and tax liability to minimise the risk of any potential additional tax assessed based on an audit performed by the tax office, while taking into account all legal options available to minimise tax liability.
The preparation of corporate income tax returns mainly consists of the following services.
We recommend discussing individual transactions with us regularly during the tax period in order to minimise any negative tax burden. It will also facilitate the preparation of your income tax return. Not everything can be handled with a positive outcome if you wait until your income tax return is being prepared.
We meet with your employees or management to get an overall idea about the documents your company fills out.
We first review the areas that are crucial for your company’s tax liability before your company closes its accounting.
We verify the areas that are crucial for your company’s tax liability, which means that we randomly check the following: 1. Correct assessment of profit before tax for the purposes of line 10 of the corporate income tax return; 2. Correct elimination of all items unjustifiably decreasing the tax base in compliance with Act no. 586/1992 of Coll., on income tax, as amended (hereinafter as the “ITA”); 3. Correct elimination of all items unjustifiably increasing the tax base in compliance with the ITA; 4. Correct determination of tax adjustments to receivables and a tax-effective write-off of these receivables; 5. Correct determination of items that can be deducted from the tax base in compliance with Section 34 of the ITA; 6. Correct use of tax reliefs in compliance with Section 35 of the ITA.
We calculate your tax liability based on your corporate income.
We prepare a final report – corporate income tax return preparation report – clarifying the most important areas.
Our tax advisor authorised based on the power of attorney puts together and fills out the correct corporate income tax return form.
We prepare recommendations for your company’s management that concern the most controversial issues and their potential solutions for the future.
The Supreme Administrative Court (“ SAC ”), in its current judgment No. 21 Afs 94/2025 of 12 September 2025 (the “ Judgment ”), dealt with the issue of the...
The latest data from the Czech Statistical Office show that the research and development (R&D) tax credit is used by only a minority of eligible companies...
In previous years, we have informed you of the ever-tightening trend and increasing demands for evidence in proving tax deductible advertising costs (...
The floods that hit some areas of the Czech Republic and other countries in recent days have receded. But as the waters recede, the extent of the damage they...
In May 2024, we informed you in our article that the Ministry of Finance of the Czech Republic has submitted an amendment to Act No. 426/2023 Coll., on...
Although Act No. 426/2023 Coll., on top-up taxes for large multinational groups and large domestic groups (top-up tax act), could not yet be applied in practice (it is effective from 31 December 2023), at the end of April 2024 the Ministry of Finance of the Czech Republic submitted a draft amendment to the Act.
BEFIT or common consolidated tax base
The amendment to Section 34c of the Income Tax Act, effective from 1 January 2024, brings a key change in the application of the research and development...
In today’s article, we would like to draw your attention to two interesting recent rulings on the issue of tax deductions for investment incentives.
We would like to briefly inform you about the latest developments in the area of top-up taxes.
