Amendment to the Concise Duty Act
Two amendments to the Concise Duty Act are currently undergoing the legislative process.
The first amendment suggests reducing the concise duty on fuels by CZK 2.50 on one litre of diesel fuel and CZK 1.50 on one litre of petrol. The suggested change seeks to reduce the retail fuel price for consumers. The amendment is due to be debated by the government.
The second amendment shall, among other things, cancel an exemption for mineral oils applied and used in mineralogical or metallurgical processes. The exemption is to be replaced with a tax reimbursement mechanism. Further, the amendment is to (i) introduce a disclosure duty where liquor is sold for a price lower that the sum of the concise duty and VAT, (ii) provide for a reduction of the payment for the value of tobacco stamps or for securing the value thereof upon purchase, and (iii) increase the concise duty to be levied on cigarettes and other tobacco products. The amendment is suggested to take force and effect as of 1 January 2013. This does not apply to the cigarettes and other tobacco products where 1 January 2014 is the suggested effective date. The amendment will soon be delivered to the Chamber of Deputies for discussion.
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
