ARTICLE
11 March 1998

Czech News - December 1997 - Criminal Code - Tax

Czech Republic
An amendment of the Criminal Code comes into effect on 1 January 1998. As already specified in September Czech News, the main intent of the amendment is to reduce non-payment of taxes, social security, health insurance and unemployment contributions by making such non-payment a criminal offence under certain conditions. As an indirect result, non-compliance with reporting obligations to tax authorities (e.g. reporting of contracts with foreign entities, whose existence may cause a permanent establishment) potentially might also be treated as a criminal offence, but under probably very limited conditions.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information on the above, please contact Mr Richard Fletcher by telephone on +420 2 2440 1300 or E-mail directly to richard.g.fletcher@arthurandersen.com

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More