Finance - News

UniCredit Bank, winner of the Best Bank 2011 award from financial daily newspaper Hospodářské noviny, has begun this summer to distribute its payment cards in a new design. The new appearance of cards is representative of the bank’s affiliation to the international UniCredit Group. Other banks in the Group have also introduced the same card design. The new design relies on modesty and simplicity, using the UniCredit Bank logo in combination with the name of the bank. The innovation applies to both debit and credit cards.

UniCredit Bank has been named Best Bank 2011 in the Czech Republic. For the second time in its history, the Bank took first place in the competition regularly announced by financial daily newspaper Hospodářské noviny since 2009.

Flexibility and cost competitiveness remains the goals for global organizations as they fight for market share

It seems that we will soon open a new column for notifying people on changes regarding time limits and fines in the tax code. We have another piece for you here.

Welcome to the last issue of APOGEO News before the summer.

Jeffrey Immelt, GE CEO and member of President’s Council on Jobs & Competitiveness

Ernst & Young welcomes Ludmila Petráňová to its energy advisory team. Ludmila brings with her extensive experience leading domestic and international projects in various management roles at energy companies ČEZ, ČEPS and Pražská energetika.

Employees are frustrated with management’s tolerance of unethical conduct. Czechs are calling for greater regulator and government supervision, but do not believe the authorities are willing and able to prosecute corruption

European Law Firm CMS Publishes 3rd Annual European M&A Study

Find the latest tax, accounting and legal changes crucial for the financial sector in the April Special Issue of Financial Update, KPMG Czech Republic’s monthly bulletin.

Michail Bezrukov has joined TACOMA as a new manager responsible for managing and leading the Accounting&Payroll team. Michail will focus on professional assistance and extending the provided services.

A VAT Act amendment has been effective sinc e 1 April 2011. We call it “April” but what has made it famous above all was that it brings the liability of a taxpayer for the tax obligation of a performance provider.

CMS Cameron McKenna, one of the leading international law firms in the Czech Republic, is pleased to announce that with effect from 1 May 2011, Tomáš Matějovský (37) has been promoted to the position of partner in the firm’s Prague office. Prague office thus comprises 10 local and international partners and over 20 lawyers.

IFRS News May 2011 content adresses: Boards' timetable extended until December 2011 | Announcement from IASB and FASB that they are extending the target date for completing their joint priority projects from June 2011 to the end of this year...

At the time when every business fights the impacts of the global crisis and when credit financing is beginning to hit the bounds of possibilities in many companies, one of the famous investment companies is coming with a revolutionary solution to a lack of equity.

The General Financial Directorate has published information on the VAT regime of providing turnover bonuses/discounts and bonuses for early payments on the tax administration's website. The General Financial Directorate expands, in greater detail, on the original information published by the Czech Ministry of Finance in March 2011 which was very general and may have resulted in incorrect conclusions.

Welcome to the latest issue of Deloitte Czech Republic’s Tax & Legal News, giving you all the latest local and international tax information as well as information on the latest developments in the drawing of EU funds in the Czech Republic in one newsletter.

April 2011 - Czech Accounting, IFRS and US GAAP news

Find the latest tax, accounting and legal changes crucial for the financial sector in the April Issue of Financial Update, KPMG Czech Republic’s monthly bulletin.

We are accustomed to the idea that returns are brought to the post office on the evening of the deadline date. What matters is the stamp on the envelope. This also applies to other tax declarations and data messages. In the new tax code, however, we could find, surprisingly, an exemption.