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Changes in tax regulations given the ongoing Covid19 outbreak

In a comprehensive brochure released by The Association for Foreign Investment; a partner of CzechInvest, various relevant topics are addressed regarding the ongoing Covid19 outbreak

15.05.2020
Changes in tax regulations given the ongoing Covid19 outbreak Source: Adobe Stock

Amongst others, the brochure outlines relevant news concerning tax administration, transfer pricing, health insurance and international taxation and matters concerning the capital market. It also discusses the government proposal to abolish real estate acquisition tax and the submission of a bill by the Ministry of Finance for an inter-ministerial comment procedure in connection with the development of the capital market, which introduces these significant changes to the taxation of personal income. The brochure also discusses matters relating to transfer pricing concerning multinational groups, primarily regarding which group entity should bear the losses of the ongoing pandemic.

You can read the full brochure here.