Czech Amendments to Transfer Pricing Rules for Loans and Taxation of Investment Funds Approved
On 23 October 2014, the Czech Senate approved tax law amendments in regard to the application of transfer pricing rules and taxation of investment funds, and the repeal of certain previously proposed amendments. The main changes include:
- Transfer pricing rules will not apply to interest-free or low rate loans below the arm's length interest rate when the lender is a non-resident
- Basic investme…