Slovakia’s third consolidation package: higher taxes, new rates and other changes from 2026
The Slovak Parliament has approved the third public finance consolidation package, bringing significant changes to the tax system in Slovakia with effect from 1 January 2026. Here is a…
Taxation of employee stock option plans again and differently
The third change in a year and a half has been proposed to the taxation of employee stock and option plans within the debate of the laws accompanying the JMHZ Bill. This change relates to…
Employee stock and option plans: notifying tax administrator of taxation postponement
The amendment to the Income Tax Act under which the taxation of…
Sale and exchange of crypto-assets: proposed exemption from personal income tax
The chamber of deputies is currently discussing a bill amending certain laws in connection with the implementation of EU regulations on the digitisation of the financial market and sustainability financing (Print 694). During the second reading, a…
Amendment to Income Tax Act introduces huge changes in personal income tax
Responding to the forthcoming new Accounting Act, the Ministry of Finance has published a draft amendment to the Income Tax…
New company car taxation rules in effect from July
The GFD has issued Information for Payers of Income Tax on Employment relating to the Amendment to the
New income tax credit
Recently published in the Collection of Laws, an extensive amendment to the Enforcement Procedure Code and Civil Procedure Code among other things contains an amendment to the Income …
Transfer price checks also in personal income tax inspections
Transfer prices between related parties remain a priority of tax administrators’ inspection activities. As much as the general public believes that this only concerns corporate entities…
Financial administration’s report for 2017: revenues have grown, mostly from VAT
In July, the Czech financial administration published a report on its activity for 2017: revenues have grown for both direct and indirect taxes. The main cause is the Czech economy’s…
Changes to Income Tax Act in 2019
Taxpayers are up for major changes starting from 2019. At least according to the first draft of the amendment to the Income …