News in brief, 22. 6. 2020

Tax and legal news in a few sentences.

  • The chamber of deputies re-passed a bill on the waiver of employer-paid social security premiums, i.e. Regime C of the Antivirus programme. Deputies voted on the bill for the second time, since the senate referred the bill back to the chamber with amending proposals. The senate proposed, among other things, to increase the maximum number of employees under employment relationship from 50 to 150 or reduce the aggregate of assessment bases of employees under employment relationship for a calendar month from 90% to 80% compared with March 2020. The law has already been signed by the president and will enter into effect on the date it is promulgated in the Collection of Laws.
  • The government bill abolishing the immovable property acquisition tax passed the second reading in the chamber of deputies. 
  • The governmental anti-crisis tax package, referred back to deputies by the senate and including, among other things, the tax loss carry back, the reduction of certain VAT rates or the option to postpone the deadline for fulfilling reporting duties regarding cross-border arrangements (DAC 6) via a governmental decree, was approved by the chamber of deputies and signed by the president. It will become effective on the date following the date the package is published in the Collection of Laws.
  • The GFD issued up-to-date information on a new reporting duty regarding selected cross-border arrangements (DAC 6). The GFD expects that the law implementing this reporting duty into Czech legislation (currently awaiting its discussion in the senate) will not become effective earlier than during the course of September. According to the GFD, if COVID-19 DAC currently in preparation is approved and transposed via the above governmental decree, the reporting duty should be met in respect of the following relations:
    • cross-border arrangements whose first step was taken in the period from 25 June 2018 to 30 June 2020 (incl.), no later than on 28 February 2021;
    • cross-border arrangements to which access was provided or which were ready to be implemented or whose first step was taken in the period from 1 July 2020 to 31 December 2020 (incl.), no later than on 30 January 2021;
    • cross-border arrangements to which access was provided or which were ready to be implemented or whose first step was taken in the period from 1 January 2021, no later than within 30 days of such a decisive fact.
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