Back to article list

Latest news - June 2017

Last month’s tax and legal news in a few sentences.

  • Based on available information, the call under the Innovation Programme is to be announced during summer, where a small portion of the allocation – approximately MCZK 300 – will be also available for large businesses. The call under the Potential Programme will only available for small and medium-sized businesses.
     
  • The General Financial Directorate (GFD) issued information on tax liabilities of taxable persons providing passenger transport through the UBER mobile application.
     
  • In connection with the amendment to the VAT Act expected to enter into effect on 1 July 2017, the scope of supplies subject to the reverse charge regime is to be expanded. Starting from 1 July 2017, a reverse charge will permanently apply also to the mediation of deliveries of investment gold, the delivery of immovable items in a forced sale, the provision of workers for construction and assembly work, the delivery of goods originally provided as a guarantee, and the delivery of goods after the transfer of a reservation of ownership.
     
  • The Senate rejected stricter conditions for foreigners’ residence and employment in the Czech Republic as per the proposed amendment to the Foreigners’ Act. The senators decided that they were contrary to the Constitution, EU law, and the human rights commitments of the Czech Republic. The amendment will be returned to the Chamber of Deputies for renewed consideration.
     
  •  An amendment on the blanket introduction of ID cards with an electronic contact chip was passed by the Senate. ID cards containing a chip will be issued free of charge, not for CZK 500, as is the case today. The bill will now be submitted to the President for signature. Citizens may apply for express issuance of an ID card or a passport and for a fee, the document will be issued within one working day or within five days from filing the application.