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06. 06. 2023

Financial Administration will not Impose Fines for Failure to File a Tax Return Electronically

The Financial Administration decided to temporarily tolerate defective filing of tax returns in connection with the extended obligation of tax entities to file tax returns electronically.

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04. 05. 2023

Short News, April 2023

Dear readers, You will find our short news for April 2023 below: The Financial Administration published the anticipated appearance of forms related to windfall tax liabilities; once the legislative process is completed, these forms will be included in Regulation No. 525/2020 Coll., on Income Tax Forms, as subsequently amended, and will be accessible in the form database.

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28. 04. 2023

New Duties for Payment Service Providers

An amendment to the Value Added Tax Act is currently going through the legislative process.

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28. 04. 2023

Exemption from Personal Income Tax: Immovable Assets

Dear readers, As the deadline for filing an electronic personal income tax return is soon to expire (2 May 2023), you may wonder whether income that you received in 2022 is a tax exempt income.

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28. 04. 2023

Updated List of Non-cooperative Jurisdictions

The Council of the European Union updated their list of non-cooperative jurisdictions in February 2023; this list has been expanded to include the Russian Federation (in addition to other three countries) after it had been found that Russia failed to meet its commitment to address harmful aspects of a special tax regime for international holding companies.

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