The Ministry of Finance of the Czech Republic published on 13 October 2005 new Decree D-286 on the Taxation of Czech-Source Income of Non-Residents in the Czech Republic (the new Decree), published as Decree No. 43/2005 FZ in Financial Bulletin No. 10/1/2005. The new Decree primarily deals with conditions for the application of tax treaties and the domestic tax law implementing EC Directives in the Czech Republic, but also contains important rules in respect of the taxation of income derived from sources in the Czech Republic by way of foreign transparent entities. The new Decree replaces the previous Decree D-90...