News
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.
AmCham CZ President Michal Chour: The key to recovery is going to be participation and cooperation
Dear members,
on behalf of the board, I would like express our hope that you, your family, work colleagues and friends are making safely physically and mentally through these difficult days. We often say the most important thing is our health, and the pandemic has made each of us understand how true that is.
I wanted to write to you to inform you about what is happening in AmCham.
Other Government Measures Supporting Economy
The list of Government measures supporting Economy. Last update February 23, 2021.
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.
Next step for a whistleblowing regulation in the Czech Republic
The Czech Government introduced a new draft legislation transposing the EU Whistleblower Directive. The current proposal, which is the second draft, will probably be amended again during the legislative procedure. Legal professionals fear that the Czech Parliament will not be able to pass the bill within the transposition period as parliamentary elections are scheduled for October 2021.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.