Finance

Mazars publishes CEE Tax Guide 2022

The region's tax wedge remains relatively wide, ranging between 15 and 51%. Countries maintain a characteristically different approach to income taxation and tax relief for families with children. VAT remains the prime source of tax revenues in the listed countries; digital technologies have visibly improved the efficiency of tax collection There are still significant differences […]

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Weinhold Legal advised LitFin on the entry of a strategic investment partner

Weinhold Legal advised on the entry of a strategic investment partner into LitFin. LitFin is a leading provider of litigation finance and is now a major pan-European player in this area after only a few years. LitFin generally pays litigation-related costs in return for a share of the successful recovery. It is mainly involved in […]

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ÚOOÚ Annual Report 2021

Source: Legal Update from the field of GDPR, Spring 2022, Weinhold Legal The Office for Personal Data Protection (ÚOOÚ, the Office) has issued its annual report on its activities for 2021, which presents the most important results of the Office's supervisory activities in the area of personal data processing, illustrated by examples of selected inspections. […]

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Amendment to the Payment Transactions Act

Source: Legal Update May 2022, Weinhold Legal On 11 May 2022, the Senate approved a bill to amend Act No. 370/2017 Coll., on Payment Transactions, as amended, and other related acts (the "Amendment Act"). The Explanatory Memorandum to the Amendment Act states the main reason for its adoption as technical changes, responding to problems arising […]

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Meet the founders of successful companies at Crowdberry's investors evening, 31 May 2022

The traditional Crowdberry investors’ evening is finally happening in person again! The event will take place on 31 May 2022 at 18:00, this time in the new Crowdberry premisses in the city center: in the historical building of the Harrachovsky palac, Jindrisska 20. We will introduce several companies that are currently fundraising their growth investment […]

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Abolishment of the Road Tax for all vehicles up to 12 tons of weight

Source: Tax Flash, 25 March 2022, Havel & Partners Authors: David Krch, Martina Sumerauerová, Zuzana Zavadilová As you have probably noticed in the media, the Czech Government announced a package of three major measures in response to the significant increase of fuel as a response to the situation in the Ukraine. As we expect these […]

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Cryptocurrencies and international sanctions

By Hana Erbsová, Attorney-at-Law, HAVEL & PARTNERS Unfortunately, it is no longer just technology and taxes but more recently also the current war in Ukraine that impact the world of cryptocurrencies. Virtual assets, or crypto assets, which include so-called cryptocurrencies, are currently often mentioned in connection with international sanctions against the Russian Federation. Let us […]

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What is the importance of general terms and conditions under Dutch law?

Author: Brigitte Vaňatová, VEEM.Legal. Your Dutch lawyer who speaks Czech and Dutch. April 2022 Many Czech companies are doing business with Dutch companies and vice versa. Practice shows that many companies mainly focus on the contract that contains further agreements, but the general terms and conditions are regularly forgotten. In the event of a dispute, […]

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Charitable support to Ukraine, and taxes in light of the recently announced Amendment to the Income Tax Act

Authors: David Krch, Kateřina Havlínová, Jan Macháček Source: Tax Flash, 9 March 2022, Havel & Partners In connection with the conflict in Ukraine, we have prepared a tax summary of how charitable support in the form of monetary and non-monetary donations is currently treated from the perspective of both companies and individuals, especially for the […]

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European study on tax compliance and tax technology: hardly any grip on processes of multinationals

How do (European) multinationals keep a grip on tax (return) processes and obligations (tax compliance) when they operate in an international environment with multiple entities? How do they ensure that they are fully in control? Do differences exist in their approach and what challenges do they face when it comes to tax compliance? This white […]

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