Tax & Legal Update
CJEU: input VAT deduction for mandatory hospital equipment depends on its actual use
The Court of Justice of the EU (CJEU) confirmed that input VAT deduction for healthcare providers depends on the asset’s actual use, not on the fact that its acquisition is required by law. According to the CJEU, the decisive factor is always a…
EU and Mercosur: provisional trade agreement from 1 May 2026
The European Commission has confirmed that the provisional trade agreement between the European Union and the four founding countries of the Mercosur South American common market will take effect from 1 May 2026. Its aim is to create a partnership…
Claiming input VAT before receiving invoice: landmark EU General Court judgment does…
The EU General Court’s judgment has attracted much attention, as it opened a key question: can a taxpayer claim the right to deduct VAT already for the period in which the tax liability arose even if the invoice was received only later – yet still…
TRANSPORT 2030: 4th call for research and innovation in transport
The Technology Agency of the Czech Republic, in cooperation with the Ministry of Transport, has published the preliminary parameters of the 4th call to participate in TRANSPORT 2030 under the Programme to Support Applied Research and Innovation in…
Top-up taxes: first-time filing deadline is approaching. Are you ready?
In the coming months, Czech companies that are part of large multinational groups will be required to prepare and submit for the first time their top up tax returns and related information returns for the 2024 reporting period.
April regulation of petrol and diesel prices and reduction of excise duty on diesel
The government has approved two measures aimed at mitigating rising fuel prices, effective from 8 April to 30 April 2026. During this period, petrol and diesel prices will be subject to regulation through maximum retail prices announced on a day by…
Fundamental change for employers: ministry has presented draft amendment…
The Ministry of Labour and Social Affairs (MPSV) has published a draft amendment to the Labour Code designed to transpose the Pay Transparency Directive. Although the effective date has been postponed until 2027, employers must take action. Given…
AICIF amendment changes liquidity management
AIFMD II strengthens the rules for liquidity management of open-ended funds. Fund managers will be required to pre select appropriate liquidity management tools, ensure their timely activation where necessary, and document and justify their use. The…
New category of companies with less stringent rules?
European Parliament committees have backed a proposal to introduce a new category of companies – small mid-cap enterprises (SMCs). They are to be subject to similar exemptions as small and medium-sized enterprises. This will allow them easier access…
New Foreigners’ Act to introduce digitisation, enhanced security and mandatory…
The government has approved a new bill on the entry and residence of foreign nationals, which aims to fundamentally modernise the system governing residence in the Czech Republic. The proposed legislation responds to the need to consolidate the…
EU unveils new visa strategy: focus on security, digitisation and talent mobility
The European Commission has published the first comprehensive EU Visa Policy Strategy, outlining the long-term direction for the development of EU visa policy. The strategy brings together security considerations, economic competitiveness and…