Czech Republic
Languages

Newsletter

Amendments to tax laws passed in the Senate

25.10.2013
25.10.2013The Senate has adopted a legislative measure amending lax laws in connection with the effect of the new Civil Code. Become effective on 1 January 2004, the legislative measure introduces changes to the taxation of investment funds by making them subject to the existing laws, thus cancelling the proposed tax relief, and cancels the introduction of accelerated depreciation of companies’ assets from the perspective of the Income Taxes Act.
Více

Fair Easements of Access

25.10.2013
25.10.2013 In terms of value, easements of access need not be comprised only of a component corresponding to the right of use of land over which access is provided. In fact, the holder of the easement uses not only the land to access his property, but mainly the road built on the land. Is the use of a road regularly reflected in the value of the easement?
Více

New Civil Code’s challenging implications for accounting

25.10.2013
25.10.2013 The New Civil Code (NCC) will necessitate amendments to the accounting legislation – both to the Accounting Act and to the related implementing regulations and Czech Accounting Standards. What effect will these changes have on you?
Více

New tax rules for 2014 still unclear… What next?

25.9.2013
September 2013 - Will Thursday the 12th become another unlucky day for Czechs in addition to Friday the 13th?
Více

‘Black Friday’ for solar power producers

30.8.2013
August 2013 - Czech Government reduces support for solar power generation. The economy of photovoltaic power plant operation should be reconsidered.
Více

The end of larger unlimited liability companies in the Czech Republic?

30.8.2013
August 2013 - Are you doing business under an unlimited liability company and receiving above-average earnings? Be careful about taxes.
Více

Tax Information Box for Everyone

30.8.2013
August 2013 - From March 2014, every taxpayer who has a data box will have a tax information box established automatically.
Více

New rules on limited liability companies

30.8.2013
August 2013 - The new Civil Code and the Companies Act will bring changes affecting the operation of limited liability companies. How to best adapt to these changes?
Více

Minimum wage to be increased

1.8.2013
July 2013 - The Czech Government has approved a rise in the minimum wage from the current CZK 8,000 to CZK 8,500 with effect from 1 August 2013. The last time the minimum wage was increased was in 2007.
Více

Are you familiar with the new tax terms?

1.8.2013
July 2013 - The new Civil Code effective from 2014 will also have an impact on tax law, introducing new tax terms that will have to be incorporated in all tax regulations. Let us have a look at some of the new concepts introduced by the new law.
Více