Tax and legal news
22.02.2021
Temporary increase in the limit for deducting donations from the tax base
The president signed a bill in January 2021 which increases temporarily the limit for deducting donations as a deductible item from the tax base.  more...
22.02.2021
Change to the tax depreciation of assets
The changes include a new limit for classification as a tangible asset for the purpose of the Icome Tax Act (CZK 80,000), elimination of the tax depreciation of intangible assets and introduces the extraordinary depreciation of tangible assets classified in the first and second depreciation groups.  more...

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