Taxes
15 June 2017

MLI: Czech Republic choses minimum standard approach

Mid May this year, the government approved a proposal to enter into the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting. Less than a month before the official signing, the Czech Republic…

Case law
15 June 2017

Full damage compensation in car accidents

The Constitutional Court again ruled on compensation of damage in car accidents. After a series of rulings dealing with the amortisation of spare parts used to repair crashed cars, the court now looked into the issue of compensation for damage…

Legal
15 June 2017

ePrivacy to protect online data

Early this year, the European Commission released the first official draft of its ePrivacy regulation, a special regulation to the General Data Protection Regulation (GDPR). Both should enter into effect already on 25 May 2018. Yet, for ePrivacy,…

Case law
15 June 2017

Meeting conditions for exempted delivery

Proving the entitlement for VAT exemption when delivering goods to another member state is becoming increasingly difficult due to the growing demands of the tax administrators. Taxpayers will thus surely be happy to hear of any ruling that may make…

Taxes
15 June 2017

New Income Tax Act: what to expect?

A new Income Tax Act has been the declared priority of the Ministry of Finance for a long time. Based on information behind the scenes, the wording of the new law arranged according to sections is currently under preparation and should be ready for…

World news
15 June 2017

Independent groups of persons under CJEU scrutiny

Four cases dealing with VAT exemptions for independent groups of persons are currently before the Court of Justice of the European Union (CJEU) waiting for a ruling. The CJEU’s conclusions in these individual cases may strongly affect the conditions…

Taxes
15 June 2017

New investment incentives?

Proposed changes to investment incentives are currently being discussed in the Czech Republic. Investment incentives are mostly appreciated by investors operating in manufacturing as they provide them with tax holidays for the expansion of existing…

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