Tax & Legal Update
Czech top-up tax: senate approves extension of deadlines
The senate has discussed and approved an amendment to the Act on Top-Up Taxes that extends the deadlines for the first-time filing of Czech top-up tax information returns and tax returns. The amendment was forwarded to the president for signature,…
EU: new rules to simplify collection of VAT on imports
The Council of the European Union has adopted new rules to simplify the process of collecting value added tax on imports of goods. The change shifts the obligation to pay VAT on EU imports from the consumer to the supplier. The aim is to encourage…
EU-US trade deal : lower tariffs and cooperation in energy sector
On 27 July, European Commission President Ursula von der Leyen and US President Donald J. Trump agreed on key parameters of future trade relations. This agreement should be the first step in a process that will be further expanded and continue to…
Event invitations
All eventsEmails need not be signed with guaranteed electronic signature
Is it necessary for emails to bear a guaranteed electronic signature or is it sufficient if only an attached submission bears such a signature? The Constitutional Court opted for the latter and thereby further relaxed the rules of electronic…
Changes to tax depreciation of photovoltaic power plants
In connection with the amendment to the Energy Act, changes have been made to the tax depreciation of photovoltaic power plants. On 1 August 2025, the special method of depreciating these plants or their technological parts under the Income Tax Act…
SAC: standard of loss and tax deductibility
In its July 2025 judgment 1 Afs 77/2025-74, the Supreme Administrative Court (SAC) dealt with the appropriateness of and change to a standard loss rate set by a taxpayer and with the offsetting of shortages and surpluses across different types of…
CJEU: liability for unpaid tax and denial of VAT deduction applied simultaneously
In its recent judgment, the Court of Justice of the European Union (CJEU) held that in the event of tax fraud, it is possible to deny the right to deduct VAT and at the same time apply joint and several liability for tax not paid by the supplier.
Anti-trust office launches anonymous whistleblowing tool
The public and employees may now report suspected cartel agreements and other anti-competitive practices anonymously, as the Office for the Protection of Competition aims to strengthen the protection of economic competition.
EU: Strengthening air passenger rights
Demanding free-of-charge carry-ons or seat selection for children and transparent pricing when booking flights, the EU is going to battle against the practices of low-cost airlines. In June 2025, the EU’s Committee on Transport and Tourism adopted…