Tax & Legal Update

Selected foreigners no longer need work permit from July

The amendment to the Employment Act among other things extended the scope of exemptions from foreigners’ obligation to have a relevant permit to work in the Czech Republic: the category ‘citizens of selected countries’ was added. The government has…

SAC’s Grand Chamber clarifies formal requirements for power of attorney

The Grand Chamber of the Supreme Administrative Court has clarified certain aspects of granting a power of attorney for representation in proceedings before state authorities. The SAC pointed out that there are no stricter requirements for the…

International taxation news

KPMG’s EU Tax Centre prepares regular summaries of changes to direct taxes in the EU and internationally that may affect your business.

Amendment to Income Tax Act responding to new Accounting Act

The Ministry of Finance has published a draft amendment to the Income Tax Act, responding to the new draft Accounting Act. The proposed effective date of 1 January 2025 and other parts of the amendment may change during the legislative process.…

Consumers get right to have defective goods repaired

The European Parliament has adopted a directive on common rules promoting the repair of goods, which introduces the consumer’s right to repair. The new regulation aims to encourage consumers to have products repaired and thus extend their useful…

Financial services: changes to distance contracts

The European Union is modernising and simplifying the legal framework for financial services contracted with consumers at a distance. In response to technological developments, the new directive of November 2023 repeals the original sectoral…

Amendment to VAT Act 2025 in detail – Part III

We present a continuation of the overview of the most important changes contained in the draft amendment to the Value Added Tax Act. As we have already informed our readers, the amendment has gone through the comment procedure, and a version for the…

Major amendment to Code of Administrative Justice

The Code of Administrative Justice is about to undergo a significant amendment to improve the efficiency and functioning of the administrative justice system. The initial draft of the Ministry of Justice contained major shortcomings that could make…

VAT perspective on various options of providing company cars to employees

Providing company cars to employees for their private use is an increasingly common benefit. What are the VAT implications for employers when providing car to employees free of charge? Does the situation change if the cars are provided to employees…

Amendment to the Tax Procedure Code: more questions than answers

In accordance with the government's legislative work plan for 2024, the expected amendment to certain laws concerning tax administration is coming. Among them is the Tax Procedure Code, which regulates the procedure of tax administrators and the…