The Czech Republic's lower house increased the 2024 budget deficit target to CZK 282 billion to allocate CZK 30 billion on 1 October 2024 for flood aid following severe rains in September. The government initially raised the deficit target from

Luxembourg's Council of State approved the draft law for the ratification of the income and capital tax treaty with Montenegro on 24 September 2024. The treaty, signed on 29 January 2024 in Luxembourg, establishes tax rates for dividends,

The Czech Financial Administration announced several notices – providing information on tax payment deferments, penalty waivers, and various forms of tax relief – for citizens and businesses in light of the significant flooding on 18 September

Montenegro and Ukraine officials reportedly concluded the second round of negotiations by initiating an income tax treaty on 28 August 2024. This agreement, which will replace the 2001 tax treaty established between Ukraine and the former

The Czech Republic’s Ministry of Finance has presented the government the draft 2025 budget that reduces the deficit by 9% on 1 September 2024. The proposal promises significant investments while reducing the fiscal gap to 2% of the gross

The Czech Republic has released Financial Bulletin No. 6/2024, which offers an updated roster of contracting states and jurisdictions engaged in the automatic exchange of financial account information under the OECD Common Reporting Standard (CRS).