Tax News: 2008/09, No. 5  rss

Newsletter: Tax News – 2008/09, No. 5
Search Results Total: 5 / Displayed: 1–5

Amendments to Tax Laws

Tax News   1. 9. 2008 Link

On 4 July 2008, the amendment to the Road Tax Act became effective, which introduces a new system that reduces road tax rates for more environmental friendly cars from 2009.

VAT round-off

Tax News   1. 9. 2008 Link

In connection with the cancellation of fifty-heller coins, the validity of which was terminated as of 31 August 2008, the Czech Tax Administration published information concerning the rounding off of taxes in respect of VAT.

International tax relations

Tax News   1. 9. 2008 Link

On 30 May 2008, a double-tax treaty preventing tax evasion in the field of income taxes with Ethiopia became valid. The treaty will be implemented in the Czech Republic from 1 January 2009.

Controversial resolution of the Supreme Court

Tax News   1. 9. 2008 Link

The Supreme Court, in its resolution No. 22/2007, addressed the differences between the loan agreement regulated by the Civil Code and the credit agreement pursuant to the Commercial Code. Pursuant to the Supreme Court, the difference is, inter alia, based on the subject of the agreement.

Amendment to the Act on Accounting

Tax News   1. 9. 2008 Link

On 19 August 2008, Act No. 304/2008, Coll. was published in the Collection of Laws, which amends the Act on Accounting. This amendment will become effective from 1 January 2010, and only selected provisions will become effective from already 1 January 2009.

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