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Do you have your transfer pricing documentation ready?

30.9.2014
As presented in one of our recent newsletters, corporate income tax returns for 2014 should include a new enclosure identifying related-party transactions. The enclosure is expected to be a new source of information for tax administration. Therefore, it can be expected that intra-group relations will move up the scale of the tax authorities’ priorities after […]
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Strong combination of consultancy and technology business: RSM CZ and Infinity become affiliates

16.9.2014
RSM CZ and Infinity have become affiliates. We combine the long-established consultancy business of RSM CZ with the modern technologies of Infinity, thus creating a team of 220 experts with a projected turnover of CZK 370 million in 2014.
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Personal tax credit again applicable to working pensioners

9.9.2014
In 2014, working old-age pensioners (employees or self-employed) may once again claim a personal tax credit.
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The latest challenges for tax administration

2.9.2014
The battle against tax evasion continues, and is being fought determinedly through new measures introduced on all fronts. As usual, the costs (hopefully tax-deductible) will be borne by a majority of “innocent” taxpayers.
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Advances on profit shares and other alternatives of dividend distribution

11.8.2014
With the Companies Act taking effect on 1 January 2014, new rules and alternatives apply to dividend distribution.
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Ambiguity of basic valuation terms in Czech law

11.8.2014
We wish to share with you our opinion on the definition of fundamental terms used in the preparation of expert opinions under the new Civil Code (Act No. 89/2012 Sb.) and the Companies Act (No. 90/2012 Sb.). This article focuses mainly on valuations for the purpose of transfers between related parties or in-kind contributions.
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Next year’s certain (and uncertain) developments in taxes

11.8.2014
The Government of the Czech Republic has presented to the Chamber of Deputies a proposed amendment to the Income Taxes Act, which is to be discussed at the 12th meeting of the Chamber of Deputies from 15 July 2014. The amendment is expected to take effect on 1 January 2015.
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Attachments under the Civil Code

16.7.2014
We are bringing you more detailed information about attachment of earnings agreements introduced by the Civil Code. This change was already presented in our newsletter on new rules effective from 1 January 2014. As this is an important matter, we now provide you with more details.
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Governance system of joint-stock companies changed

24.6.2014
The Companies Act which took effect on 1 January 2014, has brought a number of changes. One of them applies to the management of joint-stock companies.
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13 BEST BUSINESSES IN EUROPE ANNOUNCED

17.6.2014
The 13 winners of the 2013/4 European Business Awards sponsored by RSM International were announced last week at an exclusive awards ceremony held in Athens and attended by businesses leaders, politicians and academics from across Europe.
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