Mazars Tax View 12/2023

We would like to briefly introduce you the content of December, this year‘s last, edition of our tax newsletter. After lengthy debates, the so-called consolidation package successfully passed through the entire legislative process and was signed by President Pavel on 22 November 2023.

In relation to that we have summarized the most significant changes in tax and related areas for you in this edition. The consolidation package, most of whose provisions will come into effect from 1 January 2024, is the focus of the first four articles of this edition.

Recently, the Czech Supreme Administrative Court issued two interesting decisions, the content of which we have summarized for you in our newsletter. The first judgment on the correct application of the time limit for filing a supplementary tax return for a lower tax has finally dispelled the uncertainty that had been prevailing in this area. The second decision confirmed the possibility to claim a higher tax credit for investment incentives via a supplementary tax return.

We believe that our articles will be stimulating and beneficial for you. On behalf of the entire Mazars tax team we wish you a pleasant and relaxed Advent season, a beautiful celebration of the Christmas holidays, and much success in the year of 2024.

Document

Mazars Tax View 12/2023

Contact