Development in administrative practice for fuel cards

The VAT treatment of fuel cards is a closely watched topic. Although the cards are frequently used by vehicle operators to refuel, the VAT Act does not offer any detailed guidance on the correct application of the tax: the VAT treatment of these…

Amendment to Act on Register of Beneficial Owners

Less than a year has passed since the new law on the registration of beneficial owners came into force, and already the Ministry of Justice together with the Ministry of Finance is proposing an amendment to change, inter alia, the beneficial owner…

Chamber of deputies temporarily reduces excise duty on diesel oil and petrol

To mitigate the effects of the energy crisis on fuel prices, the government has proposed an amendment to the Excise Duty Act, whereby the excise duties on diesel oil and unleaded petrol are to be temporarily reduced by CZK 1.50 per litre from 1 June…

Sixth call to Environment for Life programme

The Technology Agency of the Czech Republic has announced preparations for the sixth call to participate in the Environment for Life programme, aimed at supporting environment-related applied research, experimental development, and innovation. The…

News in brief, May 2022

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

What comes after a tax inspection?

The tax inspection process can be long, but even the most tedious review will come to an end eventually. Let's take a look at how an inspection is closed, when the additionally assessed tax is due, how to defend against the inspection findings, and…

Beware of errors in personal data protection impact assessments

The Office for Personal Data Protection (OPDP) has published its annual report for the past year, drawing attention to the mistakes made by data controllers in the processing of data protection impact assessments (DPIAs).

Chamber of deputies partially abolishes road tax and supports electromobility

In response to high fuel prices, the chamber of deputies approved a government bill partly abolishing the road tax and granting tax advantages for the use of low-emission vehicles.

VAT fixed establishments and foreign subsidiaries

The Court of Justice of the EU (CJEU) has dealt with the question of whether a parent company‘s VAT fixed establishment originates in another EU member state where its subsidiary is located and provides the parent company with marketing and other…

Recognition of Ukrainian qualifications still difficult

The European Commission has issued recommendations to member states to simplify the administrative procedure and ensure a speedy recognition of the professional qualifications of Ukrainians seeking refuge in the EU.

Transfer pricing on audit committee‘s agenda?

Transfer prices are part of the agenda of almost every medium-sized and large company. If the company is subject to audit, its audit committee should also be involved. Because of the implications that incorrectly-set transfer prices can have for the…

Overstepping search procedure boundaries may affect tax assessment deadline

In a recent decision, the Supreme Administrative Court commented on a tax administrator's overstepping of the boundaries of a search procedure, stating that the activity had in fact been a tax inspection. This had a major impact on the expiry of the…