OrbitaxOrbitax

Czech President Signs Tax Reform Package into Law

|Approved Changes|Czech Rep
Czech Rep

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…

Continue Reading