Czech President Signs Tax Reform Package into Law
Czech President Miloš Zeman has reportedly signed into law a tax reform package (Bill No. 873) passed by parliament in April that includes a number of amendments to Czech tax law in the areas of income tax, value added tax, and others. Main amendments include:
- Certain asset depreciation rules are changed, including a change in the depreciation of intangible assets to a straight-line basis usin…