ARTICLE
11 March 1998

Czech News - December 1997 - Ministry Of Finance Instructions - Decree To The Va

Czech Republic Accounting and Audit
The Decree of the Ministry of Finance to the Act on Valuation was published in Cenovy vestnik Number 18. The notice determines prices, coefficients, surcharges and deductions concerning the procedures for application of the valuation methods for assets, rights, other assets and services.

The Decree introduced market rules for the valuation of buildings by means of a coefficient of marketability.

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

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