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PwC: CEOs say prospects gloomy for global economy
But confidence in company revenue growth remains ahead of 2009 Prague, 25 January 2012 – Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC’s 15th Annual Global CEO Survey.  Just 15% said the globa...
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Raben Ukraine in Dnipropetrovsk
Raben Ukraine in Dnipropetrovsk moves its depot to a new distribution centre Recently, Raben Ukraine in Dnipropetrovsk has moved its depot to a new modern distribution centre. Thanks to the new facility company will be able to meet the existing demand in range of contract logistics in the Eastern re...
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ČIA: Growing competition among energy providers
The dynamics of energy provider changes in the Czech Republic was faster in the year 2011, too, both in the case of natural gas and electricity. According to PwC Audit partner Tomáš Bašta, it will still take some time before the number of changes stabilises at some level, which, however, can stil...
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PwC outlines four potential Eurozone outcomes for 2012
Monetary expansion through a liquidity injection from the European Central Bank, orderly defaults for the most indebted countries, Greek exit and a new currency bloc have been outlined as four potential outcomes of the Eurozone crisis in 2012, in a PwC report launched on 5 December 2011, “What nex...
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KPMG: Some implications of the Amendment to the Transformation Act
Deadline for filing a tax return in the case of company transformation shortened again? The regulation of deadlines for filing tax returns in the case of company transformations where the decisive date of a transformation is not the first day of the calendar or fiscal year has been amended many time...
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KPMG: Call under Real Estate programme extended
On 4 January, 2012, the Second Call for proposals under the Real Estate programme of the Operational Programme Enterprise and Innovations (OPEI) was prolonged. The Call is open to all enterprises irrespective of their size, and for projects implemented in the Czech Republic, outside the City of Prag...
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ČIA: Retail sales expected to stagnate this year
In November 2011, seasonally adjusted retail sales went down 0.7% compared with October while compared with November 2010, they increased 0.5%, according to the figures published by the Czech Statistical Office (ČSÚ). Although the results beat market expectations, no trend of improvement in househ...
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PwC Legal: Reminder – criminal liability of legal persons starts in January 2012
Criminal liability touches all Czech legal persons and entities that do business on the territory of the Czech Republic and it also applies to offences committed abroad. The company is responsible if it commits an offence in its own name or in the framework of its activities or if it is committed by...
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PwC: What will change for physical persons in tax and insurance in 2012
1. Tax allowances Return of yearly tax allowance on taxpayer from last year’s CZK 23,640 to CZK 24,840 (abolishment of the so-called „flood hundred-crown note“) and increase in the child tax allowance from CZK 967 to CZK 1,117 monthly. 2. Insurance thresholds Decrease in the yearly threshold f...
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PwC: Tax news in 2012
The following news will be introduced from 2012 in the area of corporate income tax: The remuneration of the members of the statutory bodies is now a tax deductible expenditure (it concerns the members of the Board of Directors of joint stock companies and the Board of Directors of the cooperatives)...
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