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News

KPMG’s tax and accounting legislation news: Financial Update – May 2011

20.05.2011
Company: KPMG Česká republika, s.r.o.

Find the latest tax, accounting and legal changes crucial for the financial sector in the May Issue of Financial Update, KPMG Czech Republic’s monthly bulletin.

This month’s edition explores:

• The Ministry of Labour and Social Affairs prepared an amendment to the Sickness Instance Act
• Tax documents in “.pdf” format
• The European Commission invited US authorities to a dialogue on FATCA
• The Supreme Administrative Court ruling on tax deductibility of estimated liability for annual employee bonuses
• Bill on criminal liability of legal entities
• Amendment to the Commercial Code
• EU Council Implementing Regulation (EU) No. 282/2011 relating to the VAT Directive
• Sale of a share in a limited liability company from the Income Tax Act perspective

For more information in English follow this link 
For more information in Czech follow this link 

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