The success of your business also depends on the scope of tax risks. We offer you the support of our specialists in determining the processes and decreasing the risks in this field, as well as in solving your tax issues, tax obligations, or possibly tax disputes. Our specialists can give advice on any tax in the Czech Republic and Slovakia, as well as on international taxation.
- 7. April 2020
Current VAT measures and relief
Exemption of Protective Equipment from Import Duties and VAT The Czech Republic has asked the European Commission to grant an exemption for the duration of the state of emergency, based on which it would be possible to exempt the following from import duties and VAT: protective equipment (e.g. face coverings) distributed free of charge to victims of the pandemic, if imported by a state-owned…
- 23. March 2020
Negative effects of COVID-19 on income tax payers, options for their moderation
Following the current spreading of the COVID-19 virus and the related business limitations, taxpayers may get into problems in the upcoming months due to income shortfall not only with their current cash flow, but a longer-term income shortfall may even lead to tax loss. Below, we would like to state some options for moderating the related negative effects. Cash flow problems As of 15 June 2020,…