Tax & Legal Update
Government approves mandatory employers’ contribution to employees' savings
The pension system reform will bring about a major change for employees in certain high-risk jobs. As they will no longer be able to retire early without their pension being cut, the new law includes the obligation for employers to contribute to…
KPMG survey: how are tax departments in CR keeping up with digitisation?
A recent KPMG survey shows that tax departments in companies in the Czech Republic are generally satisfied with the management of their tax agenda, but there are still some gaps in the implementation of new technologies; e.g., only 8% of respondents…
New subsidy programme for climate neutrality to distribute up to 24 billion
On 24 January 2025, the Ministry of Industry and Trade launched a new subsidy programme to attract strategic investments and support the growth of the Czech economy. The programme is designed for large investments in the production of batteries,…
Event invitations
All eventsFuel cards and VAT: What does new GFD’s information contain?
At the end of last year, the General Financial Directorate (GFD) issued long-awaited information on fuel cards following the much-discussed CJEU judgment of May 2019 in the Vega International Car Transport and Logistic case and the conclusions of…
Czech companies at start of Ukraine's recovery
The EU Ukraine Facility, implemented in cooperation with the National Development Bank (NDB), provides Czech companies with the opportunity to participate in the reconstruction and recovery of post-war Ukraine and offers loan guarantees and…
E-invoicing has green light in Germany
From 1 January 2025, companies established in Germany are obliged to use electronic invoicing for all transactions between local business partners. This makes Germany the first country to introduce e-invoicing under the approved VAT in the Digital…
Trump tightens US immigration policy. Will Czech visa applicants be affected?
On 20 January 2025, just hours after taking the oath of office, US President Donald Trump issued six executive orders covering various areas of immigration policy. These orders, already announced during his election campaign, are intended to…
Tax administration principles: procedural equality, cooperation, and instruction
Three principles play a key role in the tax system: the principles of procedural equality, cooperation, and instruction. What do they ensure? With this article, we conclude our year-long series presenting to you the various principles of tax…
Constitutional Court strengthens legal entities’ right to reputation protection
In its recent ruling, the Constitutional Court significantly strengthened the protection of reputation for legal entities. In the event of unlawful interference with their reputation, legal entities may now seek adequate satisfaction for non…