Tax & Legal Update
Principles of tax administration: speed and economy
The principles of tax administration are not just abstract boundaries, but a basis for a whole range of very concrete benefits for taxpayers that are good to keep in mind when the tax authorities come knocking.
Income from stock option plans: discrepancy between time of taxation and time of …
The act amending certain laws in connection with the development of the financial market and the promotion of old-age security entered into effect on 1 January 2024. One of the amended laws was the Income Tax Act, which now regulates the taxable…
Real estate tax turning from small to big
The consolidation package introduces a significant amendment to the Real Estate Tax Act. After more than a decade, tax rates have increased by approximately 80%. Many partial changes intended to intensify the collection of this tax have also been…
How to tax employee benefits from 1 January 2024?
The General Financial Directorate has issued its Methodological Guidance on the Taxation of Benefits and Other Types of Performance Provided by Employers to Employees from 1 January 2024 in connection with the amendment to the Income Tax Act…
Obtain support to buy electric cars and charging stations
The Ministry of Industry and Trade together with the National Development Bank have prepared a call to participate in the first programme entitled Electromobility Guarantee within the National Recovery Plan.
Subsidies for installation of photovoltaics now available
Under the auspices of the State Environmental Fund of the Czech Republic, the Ministry of the Environment announced the long-awaited calls to apply for support of photovoltaic power plants from the Modernisation Fund. Two calls have been prepared…
Overview of OP TAC calls for 2024
Under the Operational Programme Technology and Applications for Competitiveness, this year we can look forward to new calls in popular subsidy programmes such as Energy Savings, Applications, and Potential. Here is an overview of the calls for large…
Paying with stamps soon to end
Apart from the much-discussed tax changes, the consolidation package has also brought one less mentioned but nonetheless significant innovation: the abolition of the payment of fees by stamps. How to prepare for this, and what to do with any unused…
Changes to illegal work definition and agency work conditions
From 1 January 2024, an amendment to the Employment Act will enter into effect, introducing changes in employment and rules for employment agencies. One of the most discussed changes is a new definition of illegal work (a last-minute reintroduction…
Changes in rules for granting de minimis aid from 1 January 2024
Last year saw the end of two important state aid regulations: the general regulation on small-scale aid (de minimis regulation) and the regulation on small-scale aid to providers of services of general economic interest (SGEI de minimis regulation).…
May tax administrators use traffic camera information on vehicle movements?
Following the Constitutional Court’s intervention, the Supreme Administrative Court (SAC) again assessed whether an administrator may for the purposes of specific tax proceedings request records on the movement of a vehicle from the Police of the…