Social security perspective on cross-border work from home and remote work

During the pandemic, to allow some sectors to operate without major restrictions, employees often had to work from home or remotely. Working from home (including cross-border) has thus become a common part of working life, even in ‘post-covid’ times…

Austerity tariffs for gas and electricity – what about VAT?

The austerity tariff for households that the government has prepared in response to skyrocketing energy prices will be reflected in legislation as an amendment to the Energy Act. Details on the provision of a contribution for energy payments are set…

GFD’s new information on reporting obligation under DAC 6: practical part

The General Financial Directorate (GFD) has published a new list of questions and answers on the reporting obligation for cross-border arrangements (DAC 6 reporting). Below we summarise the most relevant information from the practical part of these…

Windfall tax outlined

The government has released a working paper on extraordinary profits tax (windfall tax) that it used in its negotiations with the National Economic Council of the Government (NERV). The finance ministry will now use the document as a basis for…

News in Brief, September 2022

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

Long-awaited first calls under OP TAC

On 1 September 2022, the new Operational Programme Technology and Application for Competitiveness (OP TAC) started accepting applications for the Application, Innovation, and Energy Savings programmes. The Application and Energy Savings programmes…

When claiming R&D allowance, attention must be paid to cost accounting

According to the Regional Court in Ostrava, when proving compliance with the conditions for claiming a research and development allowance, it is necessary that expenses incurred in the implementation of research and development projects are…

Compensation for work accidents and occupational diseases to increase from September

The high inflation of recent months has affected the compensation provided to employees for accidents at work and occupational diseases. From September, such compensation is to be further valorised, primarily for the benefit of employees.

Tax deferment and waivers – what deadlines apply?

Waivers of default interest, penalties, interest on the deferred tax amount, and tax deferment itself offer interesting options for mitigating the negative effects of the assessment of additional tax. What are the relevant time limits for applying…

Beneficial owner registration: a game-changing amendment enters into effect in…

From 1 June 2021, the Beneficial Owner Registration Act following from the V. AML Directive has brought fundamental changes to the registration of beneficial owners in the Czech Republic, making life difficult for numerous companies and other…

2021 as seen by financial administration

The yearbook titled Information on the Financial Administration's Activity once again provides interesting insight into the activities of the tax authorities. Did you know that the number of completed procedures to remove doubt and tax inspections…

Can VAT be deducted within the adjustment mechanism even after the limitation period?

In the Dutch case of Company X (C-194/21), the Court of Justice of the European Union held that the adjustment mechanism should not be applied where the taxable person failed to exercise the right to deduct VAT and has lost that right due to the…