Czech Republic: Statutory representative held liable for corporation’s tax arrears
A Supreme Administrative Court decision on whether a statutory representative of a corporation could be held liable for a corporations’ tax arrears
Statutory representative held liable for corporation’s tax arrears
The Supreme Administrative Court on June 18, 2024, held (10 Afs 4/2024-38) that a statutory representative of a corporation could be held liable for a corporations’ tax arrears.
KPMG observation
Although the Tax Procedure Code had provided the tax authority the option of asserting such liability for many years, the tax authority had yet to do so.
Read a July 2024 report prepared by the KPMG member firm in the Czech Republic
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