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Crowe news 07/2020
The abolition of the real estate transfer tax heading to the Senate...finally!
The Chamber of Deputies approved the Government's bill, thanks to which the real estate transfer tax will be abolished. The Government and the Ministry of Finance believe that such step will relive the real estate market and, in the long run, seek to take advantage of their own housing, and – according to the press release of the Ministry of Finance - limits the manipulation space for so-called speculators.
Do not forget to publish the financial statements
In addition to preparing the annual financial statements, entities have another legal obligation, which is the publication of documents in the collection of the public commerce register. You will learn in this article what the deadline is for publishing the financial statements, what needs to be published and what possible sanctions the entity is exposed to in case of non-publication.
The Czech Republic is entering into next phase of the fight against the consequences of large-scale measures in connection with the Covid-19 pandemic, which affect many entrepreneurs and companies. To mitigate the negative economic impacts, the so-called Anti-Crisis Tax Package has entered into force on July 1, 2020. In this respect Crowe Czech Republic prepared Webinar summarizing and explaining substantial changes in tax laws with a focus on application of the new institute of tax loss carry back. The Webinar took place on 17. July 2020 and was held in the Czech language. Nevertheless, if you wish to obtain the record of the Webinar please do not hesitate to contact us.
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