The General Financial Directorate picked on the transfer pricing sphere again.

When compiling the tax return for 2020, it is necessary not to forget four new provisions, which were implemented into the Czech tax legislation already in 2019 on the basis of the initiative ...

On Friday, 18 December 2020, the OECD issued a document entitled "Guidance on the transfer pricing implications of the COVID-19 pandemic".

In December, we informed you about the recommendations issued by the Organisation for Economic Co-operation and Development (OECD) in response to the impact of the Covid-19 pandemic on transfer pricing...

The OECD's Subject to Tax Rule (STTR) is being implemented through a Multilateral Convention, allowing source countries to impose additional taxation on cross-border payments between related parties when taxed below 9%. This treaty-based mechanism will reshape international financing, licensing, and service arrangements for multinational groups.

Historically, customs duties are considered to be the origin of taxation. Today, looking specifically at the current U.S. administration, customs duties—better known as tariffs—are primarily used as tools of trade policy.

On June 3 2005 Act 216/2005 on the squeeze-out of minority shareholders of joint stock companies took effect.