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Investment incentives without politicians?

Investment incentives without politicians?

At the beginning of August 2022, the Government of the Czech Republic prepared an amendment to the Investment Incentives Act. This amendment is now subject to the comment procedure. The amendment focuses on the following two changes: a)   …
Cryptocurrencies – Targeted Tax Audit

Cryptocurrencies – Targeted Tax Audit

On 11 July 2022, the Financial Administration of the Czech Republic published a press release on the implementation of targeted inspection of cryptocurrency transactions. The General Financial Directorate of the Czech Republic (GFD) conducted an…
Claiming higher tax credit for investment incentives in a supplementary tax return

Claiming higher tax credit for investment incentives in a supplementary tax return

At the end of April 2022, the Regional Court in Prague issued judgment no. 51 Af 62/2020, which deals with the application of higher tax credit for investment incentives in the case of submitting additional tax return. The Finance Ministry had…
Investment incentives - Change in the amount of regional support from year 2022

Investment incentives - Change in the amount of regional support from year 2022

Last October we informed you about the new Regional Aid Map valid for the period 2022-2027 approved by the European Commission in July 2021. On 15 November, this new map was also approved by the government of the Czech Republic by issuing Regulation…
Amendment to the government regulation on investment incentives for strategic investment projects

Amendment to the government regulation on investment incentives for strategic investment projects

In September, we informed you about the government proposal to amend the government regulation on investment incentives for strategic investments. In the first half of December, this amendment was published in the Collection of Laws. The amendment…
Investment incentives – change in the amount of regional support from the year 2022

Investment incentives – change in the amount of regional support from the year 2022

We have recently informed you about a possible change in the government decree on the conditions for obtaining investment incentives in case of strategic investments.  A draft decree of the government, which will stipulate to admissible level of…
Czech investment incentives and the coronavirus

Czech investment incentives and the coronavirus

Investment incentives have been with us in the Czech Republic for more than 20 years. The investment incentives act (no. 72/2000 Coll.) has changed many times since it took effect in 2000 and it is not easy to find one’s bearings in what rules apply…
Abuse of right in taxes

Abuse of right in taxes

We would like to draw your attention to a judgment, which brings a further shift in the application of abuse of right in taxes. This is judgment of the Prague Municipal Court from 22 February 2021 file no. 10 Af 29/2019 - 123 in the matter of…