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Invitation to join us for a webinar: What’s next for the taxation of the digital economy?

19.11.2019
As the digital economy has grown, businesses are providing services and making sales in geographic locations where the service provider or the seller does not have a physical presence.  This has increased global business opportunities, especially for middle market companies that are attracted by the potential of larger international markets. However, for tax authorities, which […]
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Payroll Deduction Agreements

5.11.2019
Employers have the right to demand regular or irregular payments from their employees, which are usually made by means of deductions from employees’ pay. Frequent causes for payroll deductions are: providing meal vouchers reimbursement of accommodation expenses using company phones for private purposes using company vehicles for private purposes; the fuel that is used is […]
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News from the recently passed Act on the Residence of Foreign Nationals in the Czech Republic

29.10.2019
For those who employ or plan to employ foreigners, the following is an overview of the changes introduced by an amendment to Act No. 326/1999 Coll. on the Residence of Foreign Nationals in the Czech Republic (hereinafter the “Act”), which was promulgated in the Collection of Laws on 16 July 2019. These modifications are intended […]
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EU Tax Intermediaries Directive – “DAC 6”

18.9.2019
The EU Tax Intermediaries Directive (“Directive”) introduces new mandatory obligation on intermediaries and taxpayers to report information on cross-border arrangements that meet certain criteria to the tax authority (“EU Disclosure Requirements DAC 6”). This Directive will be implemented into the Czech legislation next year, but with retrospective effect. The Czech Chamber of Deputies is currently […]
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30% of European businesses are still not compliant with GDPR

2.9.2019
Almost a third (30%) of European businesses admit they are still not compliant with GDPR, according to a survey conducted by the European Business Awards on behalf of RSM, one of the largest audit, tax and consulting organisations of advisers with a focus specifically on the middle market. Despite it being over a year since […]
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What is needed to eliminate withholding tax on the payment from Poland

2.9.2019
If you have customers in Poland and you invoice them for your services, you might be surprised what information you will be required to provide to your Polish customers in order to eliminate withholding tax on the payment from Poland. This is due to a change of Polish legislation as of 1 January 2019 stipulating […]
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Sophos appointed RSM CZ as new Gold Partner in the Czech Republic and Slovakia

19.8.2019
RSM CZ, a respected supplier of consulting services and information technology, has been awarded the status of Gold Partner by the security leader Sophos. What’s more, the Sophos MSP Connect programme now gives customers access to the next generation of comprehensive managed security services. Sophos, the global leader in network and endpoint protection, has announced […]
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EU Commission approved request of Czech Republic for generalized reverse charge mechanism

19.8.2019
EU Commission approved the request of Czech Republic for possibility to use generalized reverse charge mechanism. If adopted, reverse charge application would be related to all domestic transactions above 17,500 euros, or equivalent 450,000 CZK. Until now the local reverse charge mechanism was permitted as a derogation from EU VAT Directive in sectors vulnerable to […]
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Challenges to Family Companies with an External CEO

29.7.2019
Generational changes in family businesses traditionally take one of three different forms. In the first case, the family has a young member who is able and willing to assume leadership. The second option is to hire a CEO from outside the family, which we will discuss here. The third option is to sell the business […]
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RSM CZ is enlarging its market position in payroll services through the acquisition of Nugget SW

26.7.2019
RSM CZ a.s. is acquiring a 100% stake in Nugget SW s.r.o., which has been specialising in payroll outsourcing, payroll software development, personnel, and human resources management for the past 25 years. RSM CZ will therefore, significantly improve in the field of complex payroll consulting and, besides expanding their team of payroll outsourcing, they will […]
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