In the current issue of Tax & Legal News we would like to draw your attention to the following highlights:
Launch of the support mechanism called Kurzarbeit has been postponed to 1 March 2022
The start of the government bill on support in the time of shortened work, the so-called Kurzarbeit is postponed to 1 March 2022. Initially, this aid was to take effect in January 2022.
What implications will the public Country-by-Country Reporting have for large multinational groups?
The directive introducing so-called public Country-by-Country Reporting has been published in the Official Journal of the EU and will enter into force on 21 December 2021.
The Czech Supreme Court decided on invoicing of marketing services
The Supreme Administrative Court of the Czech Republic („SAC“) has published a judgment in the case of the pharmaceutical company which concerned the invoicing of marketing services. The SAC complied with the taxpayer's cassation complaint and cancelled the judgment of the Municipal Court in Prague.
Proposal for measures called "Kilečko 2"
The Ministry of Economy submitted a bill on measures called "Kilečko 2" and "Kilečko 3". The purpose of the proposed legislative changes is to reduce the excessive regulatory burden on business and thus increase the competitiveness of the business environment in Slovakia compared to the surrounding countries. A set of new measures called "Kilečko 2" has a proposed effective date of 1 May 2022.
