BROADER REQUIREMENTS FOR LABELLING UNRELIABLE PAYERS
The GFD’s criteria for referring to a VAT payer as an “unreliable payer” have been expanded. Now taxpayers which state false or incomplete information on their VAT registration can be labelled as unreliable. In deciding whether or not to label a party as unreliable, the tax authority must review all objective circumstances which led to the payer’s failure to provide correct information. Therefore, this should not have an adverse impact on taxpayers which merely make unintentional mistakes. The tax authority should handle such cases differently, such as by sending a notice or by granting a grace period for paying the tax.
Other articles
KŠB secures landmark Supreme Court ruling on size premiums in squeeze-out valuations
Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
