Taxes and Tax Law
Notification obligation in relation to the exempted revenues of a value higher than 5 000 000 CZK
The personal income taxpayers are newly required to report to the appropriate financial authorities any exempted revenues of a value higher than 5 000 000 CZK. The revenues have to be reported by 31. 3. 2016.
Representation during a tax audit
Stuchlíková & Partners has successfully represented its client during the process of remedying tax issues and a tax audit by the financial office. Total excess VAT deductions of several tens of millions of Czech crowns were returned to the client.
Physical registered office and notification to the financial office
Companies in Prague using the services of virtual registered offices obtained requests from the financial office to report data on their real registered offices. We recommended to clients that they always react to such request immediately and properly explain the reasons why they use a virtual office.