Tax & Legal Update
Employee stock option plans: GFD information for 2024 and 2025 taxable periods
The GFD has recently issued its information for employers and employees in connection with employee income from the acquisition of a share in a business corporation or an option to acquire such a share under employee stock and option plans in the…
Single monthly employer reporting and related changes to income tax
In the beginning of March 2025, the government approved a bill on single monthly employer reporting (in Czech Jednotné měsíční hlášení zaměstnavatelů or JMHZ), which the Ministry of Labour and Social Affairs wants to launch from 2026. It should…
GFD unifies procedure for waiving tax penalty and interest
The General Financial Directorate has issued Instruction D-67, which unifies the procedure of waiving tax accessories – fines, penalties, or interest. The instruction is effective from 1 March 2025 and brings several changes compared to Instruction…
Another call under TRANSPORT 2030 programme
The new call under the TRANSPORT 2030 programme offers opportunities for the advancement of applied research, experimental development and innovation in the transport sector, focusing on sustainable, automated, and environmentally friendly transport…
Income tax and VAT aspects of technical improvements to leased assets
The termination of a lease of premises to which the lessee carried out technical improvement may have significant tax implications for both the lessee and the lessor. If, with the lessor's consent, the lessee makes technical improvement to the…
Taiwan among countries with free access to Czech labour market
In mid-February, the government approved an amendment to its regulation expanding the list of countries whose citizens do not need work permits to work in the Czech Republic. Taiwan is now joining the nine countries for which this exemption already…
Joint and several liability for supplies without tax documents in customer-supplier…
The Court of Justice of the European Union (CJEU) has dealt with the joint and several liability of individual entities in a chain of transactions in the event of tax evasion. The CJEU answered the question of whether it is right to hold companies…
Labour Inspectorate against disguised employment mediation
Inspection activities targeting disguised employment mediation have long been a priority for the Labour Inspectorate. Typical examples of this illegal outsourcing are situations where a company is short of employees and decides to subcontract…
Electronic signature - easy, fast, legally binding, and worry-free
A simple electronic signature is often perceived as less reliable than a handwritten signature on paper because it is not easy to prove who created it. However, recent court decisions have confirmed that it is fully valid for most common legal…