Tax & Legal Update
When does Labour Code not apply to truck drivers?
In the summer, an amendment to the Road Transport Act entered into effect, as a result of which certain provisions of the Labour Code shall not apply to drivers in international road transport from 1 August 2022. The amendment thus restricts certain…
TREND programme for newcomers
The Technology Agency of the Czech Republic (TA CR) has announced the preliminary parameters of the next call for proposals under the TREND programme to support industrial research and experimental development. The 9th call is intended to kick-start…
Penalty for filing VAT ledger statement for incorrect taxable period
In case 5 Afs 281/2021-34, the Supreme Administrative Court (SAC) dealt with the question of whether a CZK 50,000 penalty had been legitimately imposed on an entity who had incorrectly filed a VAT ledger statement for a previous period. The SAC…
Definition of concern group for actions to set aside under insolvency act
The Business Corporations Act defines a group (a ‘concern’) as follows: one or more persons subject to single management by another person or persons form a concern group with that dominant person. However, the concept of a concern group is also…
Compensation for connecting flight delays mandatory
The Court of Justice of the EU strengthened air passenger rights while highlighting the role of travel agents in ticket sales (C-436/21). Passengers will thus be entitled to compensation even for the delay of a connecting flight operated by a…
Extraordinary measures to mitigate high energy prices
The EU Council has approved the Regulation on an Emergency Intervention to Address High Energy Prices. In addition to a binding target to reduce electricity consumption during peak times by at least 5%, it introduces two new resources for national…
How quickly shall tax authorities refund overpayments or excess deductions?
Not only taxpayers but also tax administrators must comply with deadlines. What deadlines apply to the tax authority when refunding taxpayers? What can taxpayers do if the tax authority fails to meet the relevant deadline? Below we present an…
Labour Code amendment to increase administrative burden related to posting of workers
Another novelty brought by the upcoming amendment to the Labour Code (apart from remote work) is a significant extension of employers’ information obligation upon cross-border posting of workers. The changes respond to the EU Directive on…
Coordination Committee – treatment of donations to Ukraine remains unclear
In response to the war, the government promptly came up with an act on tax measures in connection with the armed conflict in the territory of Ukraine caused by the invasion of the troops of the Russian federation, setting the conditions for the tax…
Upcoming changes to Transformations Act
The first draft of the long-awaited amendment to the Act on Transformations has been published in the electronic library of the legislation in preparation and brings a number of significant changes. The bill implements EU directives amending EU…
Transport 2030 programme to support research and innovation in transportation
The government has approved a programme to support applied research and innovation in transport. The estimated budget of CZK 1.95 billion will be distributed via four calls over eight years.