Pillar Two: current status of exchange of information from GloBE Information Returns
In September, the Chamber of Deputies will continue debating the proposed amendment to the Act on International Cooperation in Tax Administration. Among other matters, the amendment sets out the conditions for the automatic exchange of information…
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,…
Top-up tax: tax return and information return form
The Ministry of Finance has published a draft decree setting out forms for the tax return and the information return for allocated and Czech top-up tax. The tax return is common for both taxes, as is the information return, which is based on the…
Top-up taxes: information exchange within EU and other legislative developments
On 6 May 2025, Council Directive (EU) 2025/872 amending Directive 2011/16/EU on administrative cooperation in the field of taxation was published in the EU Official Journal. The directive creates the conditions for the EU-wide filing of single top…
Pillar Two: Exchange of information on information returns within EU (DAC 9)
The European Commission is proposing a single framework for exchanging information on top-up tax information returns, which would allow the filing of a single information return within the EU. The proposal includes a single format for information…