The consolidation package effective from 1 January 2024 proposes partial taxation of individuals' income from the sale of securities and other business shares. However, the exemption limitation itself is likely to apply only from 2025.
In our April article (here) we informed you that the Czech Republic has concluded framework agreements with Germany and Austria with effect from 1 March 2023 extending the exemption for the purposes of determining the social security jurisdiction of persons. The agreements concerned persons who...
BDO's Tax Litigation Department is strengthening its team with a leading expert in the tax process, who previously held a senior position in the Financial Administration. Václav Čepelák (39) joins BDO from the position of Director of the Tax Process Department of the General Financial Directorate...
BDO is opening a new office in Ostrava at the beginning of September. The office, which was established in the premises of the Moravian-Silesian Innovation Centre, is the consulting company's eighth office in the Czech Republic. The reason for its establishment is the growing number of clients in...
Climate change is already fundamentally affecting and will continue to affect our lives and the lives of future generations. In this context, the European Union has taken ambitious action to reduce greenhouse gas emissions and achieve carbon neutrality by 2050. One of the key tools for achieving...
In the coming years, many companies across the EU will be required to report their non-financial data under the new European Corporate Sustainability Reporting Directive (CSRD). The CSRD aims to increase corporate transparency on sustainability, bringing non-financial reporting on par with...
On 16 August 2023, the Cabinet approved a bill on a top-up tax, the result of efforts to prevent the shifting of profits to tax havens. The bill is now being debated in the Chamber of Deputies. It is based on a European Directive that Member States have committed to apply from the beginning of...
Do you want to donate food, drugs, clothing, household goods, furniture or even a machine, car or property and have you claimed a VAT deduction on the purchase of these items?
The Whistleblower Protection Act came into force on 1 August 2023. It requires up to 15,000 companies to have an ethics hotline - an internal whistleblowing system for reporting illegal practices that employees have encountered at work. Companies can voluntarily add unethical practices such as...