Competitiveness / Tax & Finance

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

28th February 2022 / Competitiveness / Tax & Finance


Volume and value of M&A transactions in 2021 in the CEE region increased by more than 30%, the largest transaction was Avast

Mazars, the international auditing, tax and consulting company, in cooperation with Mergermarket, introduced the “Investing in CEE: Inbound M&A Report 2021/22” study, according to which the value of concluded transactions in 2021 in the Central and Eastern Europe (CEE) region is the highest in the past five years. Mazars’ research indicates that fear of the Covid-19 pandemic, growing inflation and energy market volatility do not play a decisive role for investors. According to the experts, this means a promising beginning of the year 2022 from the perspective of transaction activity.  
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10th February 2022 / Competitiveness / Tax & Finance


Economic turmoil also affecting transfer prices

Inflation is one of the main economic issues for 2022. The impact of high input prices and disrupted supply chains are other factors businesses must cope with. But there are also other adverse factors. The slowing economy has also revealed new issues in the area of transfer pricing.
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2nd February 2022 / Competitiveness / Tax & Finance


Mazars Tax View: January 2022

In this New Year’s issue, we will traditionally be primarily introducing you to the news and changes in the area of taxation and the related acts that are valid from this January. These include significant changes in reporting in the Intrastat system, which we have summarised for you in the initial article. In another article, you will read about what this year will bring in the area of indirect taxes.
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20th January 2022 / Competitiveness / Tax & Finance


Who bears the burden of proof in tax proceedings and why is it important to know?

The questions of who bears the burden of proof in tax proceedings and when has plagued many a taxpayer and even tax administrators. The burden of proof is distributed between them and during tax proceedings usually shifts from one to the other. The proper understanding of how the burden of proof works is therefore central to the choice of an appropriate strategy and can often be the key to success.
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14th December 2021 / Competitiveness / Tax & Finance


Expansion Abroad Through the Lens of Finance: What do Tech Companies Deal With?

The financial foundations of every company are the same. However, in the case of technology companies, the crucial thing is that they have international ambitions from the very beginning. As a result, they grow faster compared to companies from other industries. This trait increases the breadth of their financial services’ requirements. How to deal with different currencies, customers’ payment behaviour or exchange rate risk when the company operates in several foreign markets? Here are some tips from Lukáš Martoš, CE Solutions Sales Head from Citi Commercial Bank.
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Members of the American Chamber of Commerce in the Czech Republic