Tax & Legal Update
Double taxation treaty with Belarus partially suspended
The Ministry of Finance has announced that the implementation of a part of the Treaty with Belarus shall be suspended in the period from 1 June 2024 to 31 December 2026.
New withholding tax rules
The Council of the EU has approved new rules on the application of withholding tax on dividends and interest (the FASTER Directive), but their effectiveness has been postponed until 2030.
Another call for support for photovoltaics announced
Since 15 May 2024, it has been possible to submit applications for subsidies under the RES+ Call No. 2/2024 – Photovoltaic power plants with a capacity of more than 1 MWp, within the Modernisation Fund.
Subsidies for energy saving measures
On 10 May 2024, the Ministry of Industry and Trade announced the second call under the Energy Savings Programme (OP TAC). The call supports activities consisting in energy savings in enterprises, including the reduction of energy consumption of real…
Fuel sales: new GFD interpretation of windfall tax
The Czech Statistical Office has updated the classification of activities according to the CZ-NACE. This may affect the scope of payers of windfall tax relating to the sale of fuel.
New rules of work through digital platforms under way
The European parliament has approved the text of a directive on improving working conditions in platform work. The main aim of the directive is to improve the working conditions of platform workers, regulate the way platforms use algorithms, and…
Amendment to VAT Act 2025 heads to chamber of deputies
Below, we are bringing you up to date on the amendment to the VAT Act 2025. The draft amendment has already gone through the comment procedure, and the version for the government meeting has been published. It contains several changes after the…
Employers’ information obligation towards Labour Office to be fulfilled…
Following an extensive amendment to the Employment Act, the Ministry of Labour and Social Affairs has presented a new plan for digitisation, with a view to simplify its administration and improve its services. Among other things, this digitisation…
Tax cooperation on crypto-assets: what does draft implementing law contain?
The Ministry of Finance has prepared an amendment to the Act on International Cooperation in Tax Administration, which implements the EU directive on the introduction of the automatic exchange of information reported by providers of services with…
SAC on determining reference price
In assessing transfer prices, the Supreme Administrative Court (SAC) emphasised that it is necessary to distinguish between a hypothetical estimate supported by logical and rational reasoning and economic experience on the one hand, and a…
Tax administration principles: non-publicity, confidentiality, and personal data…
Certain procedural principles, such as the principles of legality, speed, and economy, apply in various areas of public law. Other principles are specific for the administration of taxes, such as the principles of confidentiality, non-publicity, and…
Class action act heading to senate
The Act on Collective Proceedings has passed its third reading in the chamber of deputies and is awaiting approval by the senate. It transposes an EU directive and aims to ensure better protection of collective consumer interests in disputes with…