The Czech Republic has published Financial Bulletin No. 32/2021, which provides the list of non-cooperative jurisdictions for the purpose of the Czech Republic's controlled foreign company (CFC) rules. Under the CFC rules, specified income of a CFC is included in the taxable income of the controlling person(s) if the CFC does not have significant economic activity and is subject to tax at a rate less than half the Czech rate, or the CFC is in a non-cooperative jurisdiction according to the EU list at the end of the tax period. The list has been provided considering the approval of the...