Publications
Complex management of the digital currencies agenda (cryptocurrencies)
We currently encounter questions about automated or algorithmic trading on financial markets increasingly more often, about trading on unregulated cryptocurrency exchanges or about using cryptocurrencies as means of payment. Related questions…
Future-proof taxation – Commission proposes new, ambitious business tax agenda
On 18 May, the European Commission adopted a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short-term vision to support…
A groundbreaking court decision regarding unqualified trades
It is a common practice of all companies to specify the scope of business by reference to unqualified trades listed in the Trade Licensing Act or in a similar way. If the companies conduct business in the area of so-called unqualified trades, they…
COVID as an occupational disease
In the recent times, responsibility of the employer in case an employee contracts the COVID-19 disease at work – or at least he supposes he did – is beginning to appear increasingly more frequently in practice. How is it with employer responsibility…
The option of extending the deadline for submitting tax return
1 July 2021 remains the utmost deadline for submitting the income tax return (this applies to taxpayers, who have a statutory obligation to have their financial statement verified by an auditor, or if tax return is submitted by a tax consultant), i…
Increase of tax credit for the 2nd child and other children from 1 July 2021
The Chamber of Deputies has approved an amendment of the act, when the tax credit for two and more children is to increase from 1 July 2021. The amendment being approved reckons with an increase of tax credit for the second, third and further…
Beneficial owner registration – the new rules are here!
Today, that is 1 June 2021, the new act no. 37/2021 Coll., the Beneficial Owner Registration Act (“the act”) is coming into operation. It newly connects perceptible sanctions to the failure to comply with the obligations it lays down. Therefore, if…
ATAD directive: The rules for taxation of controlled foreign companies according to the ITA – part 2
The rules for taxation of controlled foreign companies (the so-called CFC rules) have been incorporated into the Czech income tax act (hereinafter the “ITA”) into the stipulation of article 38fa with effect from 1 April 2019 by act no. 80/2019 Coll.…