Majority of executives surveyed admit their business functions fail to collaborate on digital projects, dragging financial results down
 
Many companies do not realize the full value of investing in digital projects due to a lack of collaboration among their critical business functions, according to a new study by Accenture (NYSE: ACN). The study found that 75 percent of executives said their departments compete rather than collaborate on digitization, which raises cost and eats up expected revenues gains.

Passengers and visitors can now be tested for the presence of the virus causing COVID-19 directly at Václav Havel Airport Prague. Testing is performed by an accredited GHC Genetics laboratory. The new service will facilitate safe travelling and also reduce the spread of the disease. Both passengers and the general public can use the testing directly at the airport.

Act No. 33/2020 (hereinafter the “Amendment”), amending Act No. 90/2012, on corporations and associations (the Act on Corporations), as amended (hereinafter the “Act on Corporations”), entered into force on February 13 of this year upon its promulgation in the collection of documents. The Amendment was called “major” because it involves the most extensive changes to Czech corporate law in the past six years. Although the vast majority of provisions in the Amendment take effect as of January 1, 2021, it is important to prepare for them in advance.

New Regime C of the Antivirus programme, waiving part of social security premiums and state unemployment policy contributions mandatorily paid by employers (i.e. 24.8% of the aggregate income of their employees) for June to August 2020, gives rise to the question of an impact of this new regulation on income tax on employment.