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.
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KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
