Aktualności prawne

Czech Republic: Private insolvency - a solution also for certain bankrupt individuals who still carry debt from their former business operations Private insolvency (resulting in partial debt relief) was originally introduced by the Insolvency Act as an option limited to private individuals only.

Czech Republic: A fundamental change of the rules for the creation of adjustment items for non-barred receivables On 1 January 2014, an amendment to Act No. 593/1992 Coll., on reserves (for determining the income tax assessment base) has come into force which

Lithuania: This is a reminder for employers that from 1 November 2013 when informing the Lithuanian Social Security Insurance SODRA about a new employment relationship they must include in the amended 1-SD form information on the new employee's profession according to the Lithuanian classification system

Czech Republic: The Czech Republic has a new private law as of 1 January 2014 New private-law provisions have come into force as of 1 January 2014, i.e., provisions governing the relations between autonomous parties, be they regular citizens or

Lithuania: The Supreme Administrative Court of Lithuania (Supreme Court) has considered a case between the Tax Authority and a Swiss company (Company) in which it analyzed the Company's right to recover input value added tax (VAT) from representative expenses (e.g. seminars and marketing events). The Tax Authority rejected the Company's