Finance

New limits for VAT and lump-sum tax, windfall tax

Tax novelties in 2023 Written by: David Krch, Tax Partner, HAVEL & PARTNERS With the start of the New Year, there have been significant changes in the area of taxes that affect many entrepreneurs and companies. An increase in the income threshold for VAT liability or the income limit for the application of lump-sum tax, […]

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Jakub Havrlant, Rockaway Capital, twenty-third EY Entrepreneur of the Year 2022 Czech Republic

Jakub Havrlant, founder of Rockaway Capital, an investment group whose mission is to develop the digital economy through building, investing in and acquiring internet companies, has been awarded the prestigious EY Entrepreneur of the Year 2022 Czech Republic title. In evaluating , the independent jury, composed mainly of winners from previous years, appreciated not only […]

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Mazars Study: Thanks to government support, the number of unpaid receivables in European banks is decreasing

The International Audit, Tax and consulting Company Mazars has issued its fifth Financial Reporting of European Banks study focusing on the level of their expected credit losses (ECL). The main findings of the study include a decrease in the number of unpaid receivables due to support offered by the relevant governments during the pandemic. At […]

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Brexit Adjustment Reserve

EU trade program supporting Dutch companies negatively affected by the Brexit In 2022 and 2023 the Netherlands Enterprise Agency (RVO) is executing the EU trade program. Its goal is to support companies negatively affected by the Brexit with trade promotion. The Netherlands has been allocated 886 million euro from the EU trade programme, and is […]

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The new EKP from 2023

After seven years in the accounting and tax world, EK Partners has established itself as a respected player in the market with year-on-year growth. In addition to managing tax and accounting for its clients, it has also ventured into the field of education, where it is professionally involved in organizing courses, seminars and conferences. EK […]

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In the Czech Republic and Slovakia, a significant part of wealth will be transferred to women

HAVEL & PARTNERS has launched a large-scale project called NextŽeny (NextWomen) focusing on the transfer of wealth to women. The law firm has published a study summarising the socio-economic, demographic, and legislative factors and circumstances that contribute to the increase in wealth held and managed by women in the Czech Republic and Slovakia. According to […]

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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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