Blog | Clarkson Hyde Czech Republic

30. 08. 2024

Judgment of the Supreme Administrative Court: Definition of the Term ‘Residence’ pursuant to Section 4 (1) (a) of the Income Tax Act

Dear Readers,In this article, you will be informed about Judgment of the Supreme Administrative Court (the “SAC”) No. 5 Afs 220/2023 - 36 dated 16 August 2024. In this judgment, the SAC dealt with...

30. 08. 2024

Judgment of the Supreme Administrative Court: Time Test’s Application to Exemption of Income from a Transfer of Securities for Consideration

Dear Readers,This article is to inform you about Judgment of the Supreme Administrative Court (the “SAC”) No. 3 Afs 177/2022–49 dated 19 July 2024 where the SAC dealt with application of a time...

08. 08. 2024

Short News: July 2024

Dear Readers,Please find below short news for July 2024: On 1 July 2024, an amendment to Act No. 240/2013 Coll., on Investment Companies and Investments Funds, published in the Collection of Laws under...

08. 08. 2024

Allowances for Employees’ Catering from the Tax Perspective

The consolidation package brought along a number of changes in the Income Tax Act that have had an impact on taxation of employee benefits (among other things). Effective since 1 January 2024, so-called...

31. 07. 2024

EU Taxonomy: What Is It and What to Do?

Dear Readers,Today’s article will inform you about so-called EU Taxonomy classification system (hereinafter the “EUT”), which is an additional element to enhance efficient redirection of capital...