Third call to apply for COVID – Rent support

The COVID - Rent programme, partly compensating for rent-related expenses for selected retail outlets and facilities providing services, will open for the third time. The third call directly follows the previous call. Moreover, the deadline for…

Brexit: Protocol on UK-EU social security coordination

After endless negotiations between the UK and the EU, a deal was struck at the turn of 2020, avoiding a hard Brexit. Among other things, the EU-UK Trade and Cooperation Agreement makes it possible to continue applying some EU social security rules…

VAT on the lease of real estate

On 1 January 2021, a provision of the VAT Act restricting the option to tax leases of selected real estate entered into effect. At the end of 2020, the General Financial Directorate (GFD) issued information to ensure a better understanding of the…

Another tax liberation package waives default interest on selected taxes and some…

The Ministry of Finance is waiving default interest on VAT and road tax for entities in selected sectors of industry, and default interest and interest on deferred tax amount where the deferment of tax payment or payment of tax in instalments was…

VAT stated in a tax document for a fictitious transaction must be paid

In 8 Afs 21/2014-30 case, the Supreme Administrative Court (SAC) corrected the regional court’s interpretation of Section 108(4)(f) of the VAT Act. The provision stipulates that the person issuing a tax document indicating tax is also obliged to…

The GFD issues additional information on reporting under DAC 6

The General Financial Directorate (GFD) has published a list of questions and answers on the new obligation to report cross-border arrangements (DAC 6 reporting).

Old/new programmes to support employers at the time of the pandemic

At the turn of December and January, the government approved a series of compensatory measures with a total value of CZK 10 billion. Some compensatory measures are brand new; other represent only extensions of existing ones. Below we summarise those…

Losing Antivirus contributions owing to formal errors

The Antivirus Programme is considered one of the most successful and best performing support programmes that the government introduced during the pandemic. According to statistics published by the Ministry of Labour and Social Affairs at the end of…

Coordination Committee: correction of tax base for bad debts – knowledge test

The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors of the Czech Republic has finalised its discussion paper concerning the ‘knowledge test’, i.e. whether a creditor knew, should, or could have known at…

OECD guidance on the transfer pricing implications of the COVID-19 pandemic

The unique economic conditions arising from COVID-19 and government responses to it have resulted in challenges for the application of the arm’s length principle. To enhance tax certainty in the face of such challenges, the Organisation for Economic…

The Office for Personal Data Protection advises data controllers on personal data…

The General Data Protection Regulation (GDPR) has introduced a new obligation for data controllers: to carry out a data protection impact assessment (DPIA). The obligation concerns the processing of data that involves a high risk of impacting the…

Opportunities for subsidies in 2021

Below we provide up-to-date information on subsidy programmes available in 2021. The Technology Agency of the Czech Republic (TA CR) has clarified the conditions for participating in the TREND programme, while a new call focusing on energy savings…