Martin is a partner of a company ATC Legal. He founded the company with his classmate Peter, who left the office eight years ago and moved into the management of the ATC group. Peter didn’t want to completely abandon Martin, so they agreed that the…
Category: News
Liability of statutory representatives for transfer pricing policies
Errors in transfer pricing policies can lead to criminal penalties for statutory representatives of companies. But they are often blind to this risk. Transfer pricing policies are most commonly required in multinational enterprises. If a Czech company is part of a multinational enterprise, a headquarters…
Anti-VAT fraud measures postponed (again)
At its meeting on 16 June, the Economic and Financial Affairs Council (ECOFIN) discussed the compromise proposal prepared by the Maltese Council Presidency on anti-VAT fraud measures, with the aim of reaching an agreement on this proposal in respect of the directive on a generalized…
New Transfer Pricing Guidelines Issued
The highly anticipated new edition of the OECD´s Transfer Pricing Guidelines was issued on 10 July 2017. It mainly reflects a consolidation of changes resulting from the BEPS project. Probably the greatest change in the 2017 edition is in the chapter on the arm´s length…
Improve performance of your company with Balanced Scorecard
Many companies are following only financial indicators in their monthly reporting. This is a big mistake because such analysis can’t show a full picture of the performance of the company. Reporting systems working only with financial indicators are outdated. If we want to achieve the…