Tax & Legal Update

VAT from January – what’s new and what remains unchanged?

This new year brought only a few changes: the end of the waiver of VAT on supplies of electricity and gas; major differences in VAT for tour operators; and simplified Intrastat reporting. In contrast, the amount of turnover for statutory VAT…

EU wants to introduce a global minimum effective tax as early as 2023

In December last year, the OECD published draft rules for a minimum global effective corporate income tax of 15%. The European Commission subsequently issued a draft directive containing rules for the implementation of this tax by EU member states.…

Extended panel of the Supreme Administrative Court to rule on deadline for filing…

In its recent judgment, the Supreme Administrative Court again dealt with the possibility of filing additional tax returns in situations where subjective deadlines had elapsed. What is the consequence of non-compliance with subjective deadlines, and…

CJEU deals with actual supplier and related right to deduct VAT

The Court of Justice of the European Union has ruled on a question referred by the Czech Supreme Administrative Court whether the recipient of a taxable supply could be entitled to deduct VAT even if they were unable to properly prove the identity…

EU to strengthen protection for Uber and other internet platform workers

Over 28 million people in the EU work for internet platforms such as Uber, Wolt and Dáme jídlo. It is estimated that by 2025 this number could increase to 43 million. Internet platform workers are mostly hired as self-employed persons, although they…

Big changes ahead for databoxes. Will you get one, too?

The ever-present emphasis on digitisation will also have a significant impact on communication via databoxes. The first changes brought about by an amendment to the law regulating databoxes will already be effective from January 2022.

Will amendment to the Act on the Protection of Competition bring significant changes?

Even though the Czech Republic has already missed the deadline for the transposition of the relevant EU directive, it is yet again attempting to amend the Act on the Protection of Competition. The amendment should allow to keep the identity of…

Stricter conditions for foreign workers relocations

During the past year, the coordination body for state border control and migration management repeatedly changed the conditions for using governmental economic migration programmes. The last changes entered into effect in December last year.

Antivirus’ Regime B suspended again

The long-awaited Regime B of the Antivirus programme, reactivated in November 2021, has again been suspended as of 1 January 2022. 

Fifth call under TREND

The Technology Agency of the Czech Republic (TA CR) informed about the preparation of the 5th call to participate in the TREND programme, sub-programme 1 - Technology Leaders. The original announcement scheduled for 22 December 2021 had been…

New GFD information on claiming tax losses

At the end of 2021, the General Financial Directorate issued its information on the application of a special provision on claiming tax losses as an item deductible from the tax base under Section 38zh of the Income Tax Act.

Coordination Committee: Tax base correction upon payment of bonuses to insurance…

Within the Coordination Committee (No. 586/15 September 2021), the Chamber of Tax Advisors and the General Financial Directorate (GFD) discussed the issue of correcting the tax base for payments (bonuses) paid in arrears to health insurance…