Taxes
18 July 2017

Country-by-country reporting – changes on the horizon

At the last session of the Chamber of Deputies of the Czech Republic, further progress was achieved in passing the amendment to the Act on International Cooperation. The Act implements a new information exchange duty, i.e. country-by-country…

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…

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…

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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