The companies have a statutory obligation to submit for approval their financial statements of the previous accounting period. Then the approved financial statements shall be submitted to the Collection of Deeds. What is the threat of a fine for non-compliance?
On April 1, 2019, an amendment to the Czech Income Taxes Act came into effect. This amendment imposes a new reporting obligation of taxpayers. Who does the obligation apply to?
Let us emphasize the obligation of statutory bodies to draw up a report on relations between the controlled and controlling entity, set by the Act on Business Corporations. The report should be prepared within 3 months after the end of the accounting period.
Our tax experts prepared a 2019 Tax Calendar for the Czech Republic full of crucial deadlines. Stay updated to avoid the threat of penalties.
As of 1st January 2019, the limits on travel reimbursement in the Czech Republic are changed. Read how the meal allowance or average price per litre of fuel increased.