Slovakia
Languages

Newsletter

The winners of the European Business Awards 2016/17

2.6.2017
DUBROVNIK: Europe’s 12 best businesses are celebrating after being named winners in the 2016/17 European Business Awards, sponsored by RSM, at an exclusive awards ceremony in Dubrovnik last night attended by prominent businesses leaders and European Ambassadors. The winning businesses achieved their success after a year-long journey in Europe’s biggest and most prestigious business competition, […]

Do your intra-group interest rates comply with the arm’s length principle?

10.5.2017
In the context of inspections carried out by the financial administration which focus on transfer pricing, we have registered an increasing demand for examining or ensuring compliance of interest rates on related-party credits and loans with the arm’s length principle. How are the interest rates determined in such cases? The terms of loans and credits […]

Compensation for damage caused by an employee

10.4.2017
This issue of our newsletter is to inform you about employer rights in situations when they incur damage caused by an employee. Under the Labour Code, employees are required act in order to prevent the occurrence of any property damage or non-pecuniary loss or unjust enrichment. If there is a risk of damage or non-pecuniary […]

Why worry about IT?

13.3.2017
What does IT outsourcing actually mean? Karel Fišnar, Manager of RSM Infinity Customer Centre and Cloud Services answers most frequently asked questions about IT outsourcing. What are the opinions of Czech firms about outsourcing their IT infrastructure administration? To sum it up – the opinions are divided. Although companies are very well aware that their […]

Tax risks in real estate transactions, or when machinery is part of a structure

16.2.2017
The new Civil Code effective since 2014 has introduced a new rule under which fixed machinery can become part of a structure. This leaves most machinery and structure owners rather cold, but only until the property is to be sold. A real estate sale transaction gives rise to a tax obligation to pay real estate […]

Transfer pricing in the light of Trump’s tax reforms

9.2.2017
Following Donald Trump’s inauguration last Friday, many businesses are keenly awaiting the effect the tax policy announced by the president will have on them. Prepared in association with our colleague Ken Almand of RSM UK, this article describes what Trump’s tax plan will change. The main change is a cut in the US corporate tax […]

Payroll changes in 2017

31.1.2017
Taxation of income from employment Child tax credits for a second, third and subsequent child are to be increased. The amendment approved by the Chamber of Deputies is yet to be approved by the Senate and the President. The tax credit for a first child will remain the same, i.e. CZK 13,404 per year (CZK […]

Small-scale employment

17.10.2016
Small-scale employment is deemed to mean employment with a monthly income agreed below CZK 2,500 or employment where no monthly income has been agreed and the employee does not achieve a monthly income of CZK 2,500. Thereby the employee does not meet the requirements for participating in sickness insurance, is not listed in the register of […]