The Czech Republic announced, in a release on 24 June 2024, that it had started negotiations to sign an income tax treaty with Argentina. Argentina is a traditional economic partner of the Czech Republic in Latin America. Last year, it was the

The Czech Republic issued Financial Bulletin No. 5/2024 on 18 June, 2024, which features an updated roster of contracting states and jurisdictions for the automatic exchange of information on financial accounts under the OECD Common Reporting

The Czech Republic’s Supreme Administrative Court issued a ruling on the concept of beneficial ownership concerning royalty payments. The case centred around Avon Cosmetics Limited, a UK company based in Northampton, which granted sublicenses

In response to the new draft Accounting Act, the Czech Republic's Ministry of Finance has issued a draft amendment to the Income Tax Act, proposing significant changes set to take effect starting 1 January, 2025. The Key amendments include

The Czech Ministry of Finance, recently ratified the tax treaty with the United Arab Emirates. Effective starting 29 May 2024, the agreement aims to prevent double taxation. By reducing tax uncertainty and promoting fair taxation, the treaty will

The Czech Senate passed an amendment to the Act on Investment Companies and Investment Funds (ICIF) on 29 May, 2024. This legislation incorporates changes to parts of the consolidation package, as passed by the Chamber of Deputies. The