From Judicature - the Supreme Administrative Court comments on the term “in connection with business operations” used throughout tax legislation

The tax authorities believed the assets were donated in connection with business and thus subject to income tax while the taxpayer disagreed and demanded that the assets be subject to donation tax, which, however, was not applicable since the assets were tax-exempt under the Donation Tax Act. The Supreme Administrative Court ruled that the term “in connection with business” must be interpreted as follows: there must be close relationship between the business operations and the acquisition (receipt) of the donation. The quoted provisions must be interpreted restrictively to distinguish the primary motive of business operations from ones lacking any business-oriented motivation (such as, typically, settling family affairs – as in the case in question). This case was dealt with similarly to the case decided by the Supreme Administrative Court in its judgment No. 2 Afs 23/2008 – 66 dated 28 August 2008.
Other articles
Je stabilita stavebního práva reálným cílem?
Advokátní kancelář KŠB byla odborným garantem diskuse legalwebu s názvem „Stabilita stavebního práva – iluze, nebo reálný cíl?“, která na konci dubna přivedla ke společnému stolu zástupce veřejné správy, developerů, profesních svazů i dalších odborníků ze stavební praxe. Debata se zaměřila na aktuálně projednávané změny nového stavebního zákona (NSZ) a jejich očekávané dopady.
EU261 in the Age of the Hormuz Blockade: How Airlines Can Protect Themselves Before the Crisis Peaks
EU261 in the Age of the Hormuz Blockade: How Airlines Can Protect Themselves Beforethe Crisis Peaks
KŠB advises Olpran in Bikero insolvency proceedings
Kocián Šolc Balaštík has advised bicycle manufacturer Olpran, a notable player in the Czech cycling market, in the insolvency proceedings of Bikero.