Good governance
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Spotlight issue
CTP continues active role in restoring forest biodiversity with purchase of 460 hectares of forest near Zlín
CTP purchases 460 hectares forest in eastern Czechia raising the total forest the company owns to 560 hectares. The purchase is part of CTP’s strategy to own one square meter of forests for every one square meter of buildings it has, and with this ownership, to restore and protect the forests’ native biodiversity. This purchase brings CTP to the 89% benchmark of this goal.
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A selection of Czech tax law news
The ongoing pandemic has impact also on the world of taxes. The virus is behind the rather bewildering variety of new tax breaks that have been created, and it has even effects on cross-border transactions – though this is a topic for another time. Today, we shall have a look at the latest tax news on the domestic turf, to keep you abreast of the development in this country.
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More powers for the Czech competition authority?
Currently, there are two bills being discussed in the Czech Parliament. Under the first bill, which implements the European Electronic Communications Code (EECC) in the Czech Republic, the Czech Office for the Protection of Competition (Office) would be entitled to require providers of public communications network or a publicly available electronic communications service to provide operational and location data. This would be possible if such data could contribute to clarifying the facts relevant to the detection of any offence under Czech competition law, or the detection of a breach of Articles 101 or 102 of the TFEU, but only if the intended purpose cannot be achieved otherwise or solely with a disproportionate effort. Also, the prior written permission of the President of the High Court would be required.
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