Tax & Legal Update
Benefits overview (Part 4): employee meal allowances
Meal allowances and their various forms are perhaps the most widespread employee benefits. In the last part of our series on employee benefits, we will focus on meal allowances and their specifics, interpretations, and issues.
Factoring commissions and arrangement fees are subject to VAT
The Court of Justice of the European Union (CJEU) has confirmed that factoring services, whether in the form of the sale of debts or financing secured by a pledge of debts, constitute taxable supplies. Both commissions for providing financing and…
Burden of proof when changing valuation of internally produced inventories
A recent ruling by the Supreme Administrative Court (SAC) dealt with proving a change in an accounting method regarding valuation of internally produced inventories, and its impact on the tax base. The ruling provides important conclusions for…
Long-term investment products (DIP) now more flexible
Since May 2025, the flexibility of long-term investment products (DIP) has increased. When changing a provider, the savings period from the previous product is now counted towards the savings period of the new product, which allows investors to…
News on tax obligations when providing transport services via mobile applications
The General Financial Directorate (GFD) published its updated information on the tax obligations of entities involved in the provision of transport services via mobile applications (Uber, Bolt, and Liftago). The GFD’s information considers…
Mandatory employer contribution to retirement savings products
The new act on mandatory employer contributions to retirement savings products, which was approved in September this year, will come into effect in January 2026. On which employers does it impose new obligations?
Tax changes in government’s policy statement
The incoming government coalition has prepared its draft policy statement. In public finances, it emphasises the principles of promoting economic growth, avoiding tax increases, and ensuring proper tax collection.
SAC rules on right to deduct VAT on fixed service fee
According to the Supreme Administrative Court (SAC), it is possible to claim a VAT deduction also for received services that were invoiced at a fixed monthly fee. The fact that the fee was agreed in this manner is not a fundamental obstacle to…
Regulation of shared electric scooters insufficient – Prague introduces own solution
Current legislation provides municipalities with only limited options for responding to problems associated with the operation of shared electric scooters. Cities are therefore looking for alternative ways to regulate them.
CJEU on VAT treatment of Czech ‘society’ without legal personality
The Advocate General of the Court of Justice of the European Union (CJEU) has issued an opinion on case C-796/23 Česká síť s.r.o, focusing on determining the taxable person who performed the supply and is liable to pay value added tax in the context…
How to correctly treat building land from VAT perspective
The issue of VAT on the sale of real estate, especially land, often causes confusion and leads to different interpretations. A recent ruling by the Supreme Administrative Court (SAC) provides guidance on how to determine whether the sale of land is…