Notice regarding amendment to the Income Tax Act
We would like to draw attention to the following changes of duties of parties that pay tax, which take effect as of 1 January 2011 but apply retroactively to the previous year:
- the annual 2010 withholding tax settlement must be filed by 30 April 2011;
- the annual 2010 employment income tax settlement must be filed by 28 February 2011; if filed electronically, the deadline is extended until 20 March 2011.
For the first time, the Code of Tax Procedure provides for the filing of a supplementary settlement in respect of a 2010 settlement. The supplementary settlement cannot be filed for 2009 or any earlier taxation period.
Other articles
KŠB secures landmark Supreme Court ruling on size premiums in squeeze-out valuations
Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
