From 1 January 2014 Czech taxpayers must send in a separate disclosure form entitled Overview of Transactions with Related Parties at the time of filing the corporate tax return. This applies to taxpayers with foreign related party transactions in the period and turnover above CZK 80 million; assets above CZK 40 million and more than 50 employees in the relevant period. if the taxpayer only had transactions with Czech related parties in the period the reporting requirement still applies if the company is showing losses for the period or if it is in receipt of tax incentives. A separate disclosure form is required for each related party.
Related Posts
Czech Republic: Senate approves income tax treaty with Malta
The Czech Republic Senate has approved the new income tax treaty with Malta on 29 July 2026. The new agreement will
Read MoreBarbados, Cyprus, the Czech Republic, and Romania join multilateral competent authority agreement on the exchange of GloBE information (GIR MCAA)
The OECD announced that the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA)
Read MoreCzech Republic sets 1 July deadline for top-up tax information returns as OECD guidance takes effect
The Czech Financial Administration released a statement on the Pillar Two global minimum tax forms recently approved
Read MoreCzech Republic rolls out Pillar Two tax forms
The Czech government published Decree No. 68/2026 on 20 May 2026, approving tax forms for multinational enterprises
Read MoreCzech Republic proposes key VAT amendments for 2027-28
The Czech Ministry of Finance has unveiled two draft amendments to the VAT Act, introducing significant changes
Read MoreCzech Republic: Senate approves tax treaty with Kenya
The Czech Republic's Senate (upper house of parliament) has approved the ratification of the pending income tax treaty
Read More