Latest news - September 2018

Last month’s tax and legal news in a few sentences.

More changes to ERS and VAT rates?

The Ministry of Finance released for external comments a draft amendment to the Act on Electronic Reporting of Sales and the VAT Act. The proposed effective date is 1 January 2019, excepting the provisions concerning the launch of the last phases of…

ERS changed and its further fate questioned

Those of you getting ready to join the ERS regime should pay attention: in the middle of last December, the Constitutional Court cancelled some provisions of the Act on the Electronic Reporting of Sales. This judgement will also affect some who are…

Latest news - January 2018

Last month’s tax and legal news in a few sentences.

GFD provides clarification on reporting of sales received from carriers

Have you properly set contractual terms and conditions with your carriers? Do you know when and who is supposed to report sales with payment collection provided by carriers? Please note that for ERS purposes, not all carriers are the same! The…

Survey: Czech tax environment not supportive of business

Almost two thirds of finance managers do not consider the Czech tax environment favourable for business activities and more than half of them view the changes made in the last two or three years as negative. In their opinion, the most negative is…

Latest news - February 2017

Last month’s tax and legal news in a few sentences.

Amendments to tax laws at third reading

Amendments to tax laws (Print No. 873) will be subject to a third reading in the Chamber of Deputies, likely to occur after 10 January. The amendments should become effective on 1 April 2017. Discussions within the third reading will be quite…