News
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EU Commission publishes CSRD FAQ to help companies implement new sustainability reporting rules
August 14, 2024According to the Commission, the new FAQ reflects input received from companies on topics ranging from scope of the rules,...
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The Corporate Sustainability Due Diligence Directive (CSDDD) was adopted in April 2024
May 18, 2024At the end of April 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD)....
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New records of beneficial owners as of June 2021
May 12, 2021As of June 1, 2021 a new Act no. 37/2021 Coll. on records of beneficial owners comes into force (hereinafter „the Act“). The Act expands the list of obligatory recorded data including the description of relationship structure in case of inderict relationship...
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Overview of state aids related to COVID - 19
April 29, 2020Most of businesses were influenced by the pandemic of coronavirus in the last days. Below we present you the complete overview of state aids for natural and legal persons influenced by COVID - 19 ...
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What are the tax consequences of Brexit?
February 15, 2020The United Kingdom of Great Britain and Northern Ireland definitively forsake the European Union on January 31, 2020. This took place after prolonged negotiations based on the Withdrawal agreement...
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New electronical system to notify sick leave "eNeschopenka"
February 4, 2020As of 1 January 2020 a new electronic system called eNeschopenka came into force. It simplifies the communication among doctors, employers, social security office and unfit employees who are entitled to sick leave...
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Tax and social security news in 2020
January 31, 2020The last wave of connection to electronic sales records concerning liberal professions, crafts, transport, agriculture and some manufacturing activities is coming into force in May. Small enterpreneurs may use advantage from the possibility of having the evidence in paper form...
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EU introduces new system of tax dispute resolution
October 3, 2019As of July 1st a new system of rules comes into force to ensure quicker and more effective resolution of tax disputes between Member States. It includes especially double taxation issues and interpretation and application of international agreements on elimination of double taxation...
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Tax news for the year 2019
January 8, 2019At the end of the last year, the Chamber of Deputies approved the so-called tax package, which amends especially the Income Tax Act, the Value Added Tax Act and the Tax Code. Most of the changes brought by the tax package will come into effect during 2019...
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Country by country reporting – What is it about?
October 9, 2017Europe union accepted Council Directive (EU) 2016/881 of 25 May 2016 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation. This directive is about obligation for companies from multinational groups sharing accounting and other tax information, which is called Country by country reporting (further only “CbCR”)...