Czech Republic
Languages

Tax

Limitation of Liability for Outstanding VAT in 2014

8.11.2013
Tax News Series – Part 2: Limitation of Liability for Outstanding VAT in 2014

Planning a capital contribution of real estate? Now is the time to do it!

1.11.2013
Tax News Series – Part 1: Planning a capital contribution of real estate? Now is the time to do it!

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.

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?

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.

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.

A new holding empire?

31.5.2013
After significant changes in tax laws, Latvia has become a suitable European jurisdiction for establishing a holding company. If you are considering setting up a holding company or transferring one abroad, you might want to try this Baltic state.

Millionaire’s tax is not only for millionaires, unfortunately

25.3.2013
To get a one-off annual bonus may not pay off for companies or employees now. Why? The reason is the introduction of the “solidarity tax increase”, also called millionaire’s tax. This means not only higher tax but also a duty to file a personal income tax return.

The deadline for announcing bank accounts to tax administrators is coming

28.2.2013
In accordance with the VAT Act amendment, which has been effective since 1 January 2013, VAT payers are obligated to inform tax administrators of all bank accounts used for their business activities. Payers are also obligated to specify those accounts they wish to be listed on the publicly available register of VAT payers.

The Stabilizing Package Approved by the Lower Chamber of Parliament

28.11.2012
On Wednesday 7th November the lower chamber of Parliament approved so called stabilizing bill, i.e. law on the proposed tax, insurance and other measures to lower the public deficit. Most of the changes introduced by this amendment would apply in 2013-2015 (for exceptions see the points below). The bill is to be submitted to the […]