Fučík & partneři, s. r. o. has been active in the field of taxation, accounting, audit and other consulting for a long time. In that time we realized that this field became very insidious towards citizens as well as companies. This field is very live in the world and for the Czech Republic it is still very new. And not only us are discovering new issues in this sector. Inexperience and seeking of the correct solutions lead to frequent, but necessary changes in Acts. Unfortunately due to the scope and frequency of legislative changes, this field is becoming a very demanding, complicated and confused issue, where the yesterday’s facts can substantially differ from today’s facts.
Fučík & partneři, s. r. o. is aware of this problem. We cooperate with various media specialized in economy on the current news which perfectly and timely map the immediate changes in legislation or possibly those planned for future. Our people, the best professionals in the field, thoroughly discuss these topics and attempt that each client finds the information they need and that they understand their situation clearly or possibly that they can ask about the particular problem on which they have read in our news or specialized articles.
Among other things, Fučík & partneři, s. r. o. also strives for a wider publication activity. Despite the fact that our surroundings keep changing, we invest our knowledge into books where we discuss complicated problems that require an extensive analysis and research.
- 13. June 2019
New interest deductibility rules in the Czech Republic
We would like to inform you that an amendment of the Czech Income Tax Act came into force in March 2019. The amendment implements some of the “ATAD” rules in the Czech Republic. Among others there are new rules for tax deductibility of loan interests that may impact on your business. Especially if there are intercompany loans granted within your company group involving the Czech Republic. Below…
- 16. May 2019
The concept of “beneficial owner” as seen by the ECJ
This February the European Court of Justice (ECJ) delivered two judgements relating to six similar cases. Four of these cases (C-115/16, C-118/16, C-119/16 and C-299/16), all regarding the interpretation of Directive 2003/49 concerning exemption from taxation of interest and royalty payments in Denmark, were dealt with together because of the relations between them. The other two cases (C-116/16…