Good governance / Tax & Finance

This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.

Spotlight issue

1st October 2018 / Good governance / Tax & Finance

Deloitte: Research and Development Deduction: The Fundamental Ruling

The Regional Court in Hradec Králové ruled in favour of the plaintiff (ENERGO CHOCEŇ, s.r.o.), revoking the contested ruling and referring the matter back to the Appellate Financial Directorate for further proceedings, Deloitte writes.
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11th October 2018 / Good governance / Tax & Finance

Tax obligations, rules and regulations affecting Airbnb short-term rentals

As of August this year, Airbnb operators will become subject to more stringent checks and audits by the fiscal authorities. This article takes a closer look at the tax rules applying to those who rent out their apartments through Airbnb.
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7th March 2018 / Good governance / Tax & Finance

Good governance: What we should be discussing about highway tolls

In all the commotion over who will win the highway toll tender, commercially and politically, any chance of a reasonable discussion about why we would want a toll system, and what sort of toll system is best for the country, has been lost. This is a defeat for us all. The purpose of public procurement is to use private money collected through taxes and expend it on public goods that will deliver a higher value to the economy and society than if that money had been spent by individual citizens. Since we have had no public debate on what the value of highway tolls are, we have no way of assessing how much value we would receive from any winner of the tender.
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10th February 2016 / Good governance / Tax & Finance

Chamber of Deputies greenlights online sales reporting system

The lower house of the Czech Parliament passed a bill on eletronic cash registers today with a majority of 105 votes. The system would apply to almost all transactions.The government claims that the online sales reporting system will clamp down on tax evasions and reduce grey economy. The opposition parties of TOP09 and the Civic Democrats (ODS) argue it will be an additional burden for businesses. Still, the Confederation of Industry and Trade of the Czech Republic, one of the biggest business associations in the country, supported the bill.  
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Members of the American Chamber of Commerce in the Czech Republic