Posts


By Petr Vondraš | 11 November 2021

Tax pitfalls of contributions in non-cash assets

When a property is transferred to a non-taxpayer, the transferee does not automatically become a VAT payer, as it would, for example, with the transfer of a business enterprise or the spin-off of a property. On the contrary, the... Read More


By Petr Linx | 11 November 2021

VAT exemption on respirators and energy

The Minister of Finance has extended the VAT waiver on the supply of respirators, including their purchase from another Member State and import, until the end of 2021. It has newly waived VAT on the supply of electricity and/or gas for... Read More


By Lenka Froschová | 10 November 2021

Current case law on corporate income tax and VAT

Section 24(2)(zc) of the Income Tax Act (ITA) allows for the recognition as a tax expense of expenses (costs) that are not primarily incurred to achieve, secure and maintain income (revenue), or are explicitly identified in the ITA as a... Read More


By Monika Lodrová | 10 November 2021

Working from home: practical recommendations for employers

The past two years have shown us that a relatively large number of work tasks can be carried out remotely. While some employers and employees have welcomed the opportunity to return to the office, others have retained teleworking as a... Read More


By Jiří Jandečka | 10 November 2021

Time test for exemption in case of shares exchanged for new shares with a different nominal value suspended

In its recent judgment, the Supreme Administrative Court (SAC) insisted that the three-year time test necessary for the exemption of income of individuals from the transfer of shares is not suspended only in the case of an exchange of... Read More


By Jiří Jandečka | 10 November 2021

Reviewing business transactions as a whole

We often hear discussions about certain complex transactions and whether to treat these as a whole or whether it is more appropriate to split them into several parts. Recently, a similar case reached the Supreme Administrative Court. Read More


By Aleš Malach and Kateřina Moravcová | 18 October 2021

Financial assistance in connection with acquisitions

After the cooling in 2020, the acquisition market is experiencing a boom and growth is expected in the future. In connection with the acquisition of mainly real estate projects, the Business Corporations Act regulates an institute called... Read More


By Petr Vondraš | 18 October 2021

Rules for e-commerce can be found in the Czech VAT Act from October

An amendment to the Value Added Tax Act came into force on 1 October. It sets the rules for taxation of distance sales of goods (e-commerce), which have been in force in the European Union since 1 July, and therefore many entities took... Read More


By Lenka Lopatová | 18 October 2021

Information from the Directorate-General for Finance on transfer pricing guidelines for financial transactions

On 4 August 2021, the Directorate-General for Finance issued a document briefing on the content of the Transfer Pricing Guidelines for Financial Transactions, which were published on the OECD website already in spring 2020 ("OECD... Read More


By Jana Heranová | 17 October 2021

Part-time allowance: "Kurzarbeit"

In September 2020, the first proposal was submitted by the Ministry of Labour and Social Affairs, kicking off a rather complicated legislative process to introduce support during periods of partial unemployment, known as "Kurzarbeit... Read More