Taxes
VAT regime for settlement of technical improvement upon lease termination
Does the landlord’s payment to the tenant for the transferred technical improvement at the end of the lease, which the tenant arranged and depreciated, constitute payment for a general service subject to VAT or for specific construction work falling…
Conditions for conducting repeated tax audit if the previous local inquiry already had the nature of a tax audit
We would like to inform you about an interesting judgment of the Supreme Administrative Court (SAC) No. 2 Afs 170/2023 – 30 of 24 October 2023.
The Supreme Administrative Court addressed the question of whether the conditions for conducting a tax…
From case law: tax deductibility of brokerage fees
At the end of October, the Supreme Administrative Court (“SAC”) issued a judgment under No. 7 Afs 54/2022 - 36, which dealt with a dispute between the plaintiff POLCARBO s.r.o. and the defendant Appellate Financial Directorate regarding additional…
Changes to the taxation of income from employee share plans
In addition to modifying the support for old-age security, the Chamber of Deputies of the Czech Republic is also proposing an amendment concerning the postponement of the moment of taxation in the case of the provision of a non-monetary benefit…
Consolidation package approved by the Senate
The bill amending certain laws relating to the consolidation of public budgets was approved by the Senate at its meeting on 8 November 2023 in the version approved by the Chamber of Deputies. We have already informed you about the basic changes, e.g…
The Financial Administration still records a high number of road tax overpayments
As we have already informed you HERE, the 2022 amendment to the Road Tax Act has retrospectively removed the obligation for a significant number of taxpayers to file road tax returns and pay the tax. This resulted in a large number of overpayments,…
List of uncooperative “tax havens” updated
On 17 October 2023, the Council of the EU decided to add Antigua and Barbuda, Belize and the Seychelles to the EU’s list of non-cooperative jurisdictions for tax purposes. At the same time, three jurisdictions were removed from this list, namely:…
New case law: Proving indirect costs at the parent company
Parent companies are required to prove the costs of holding ownership interests in subsidiaries, both direct and indirect (overhead). Such costs are always not tax deductible.
For indirect holding costs, parent companies have a choice of two…