ATERRA GROUP

TAXES

Almost all corporate operations and transactions have some tax-related consequences. Because of the complexity of the Czech and international tax systems and the frequent changes and continuous development thereof, it is beneficial to trust tax matters to qualified experts. We offer all-round services of tax advice and tax management and representation before authorities. Our tax team provides clients with relevant and current information about changes in tax legislation.

TAX AUDIT

Tax audit is an internal check of tax duty towards tax authority and the assessment of the organisation’s tax obligation. The tax audit is concluded by the report for the management with findings and recommendations.

Read more: TAX AUDIT

LOCAL TAXES

PHV-PH015-027Personal income tax

  • Preparation of tax returns
  • Review of tax returns prepared by the client
  • Tax advice
  • Representation before authorities under a power of attorney
  • Representation and support in disputes with the tax authority
  • Tax registrations
  • Advice on employee secondment to and from the Czech Republic
  • Advice on social security and health insurance

Corporate income tax

  • Preparation of tax returns
  • Review of tax returns prepared by the client
  • Tax advice
  • Representation before authorities under a power of attorney
  • Representation and support in disputes with the tax authority
  • Tax registrations
  • Advice on social security and health insurance
  • Addressing of tax issues related to transformations and combinations of companies
  • International taxation
  • Preparing clients for tax authority inspection visits; tax audit

Other taxes

Our tax specialists also provide professional services related to value added tax, road tax, real estate tax, property transfer tax, inheritance and gift tax, and excise duties.

 

INTERNATIONAL TAXES

Expat taxation

We can provide the following services to foreigners working in the Czech Republic or having a source of income in the Czech Republic or other countries: assistance with the completion of their tax return, the filing of their tax return under a power of attorney, communication with the tax authority, and ensuring that overpayments, if any, are returned.

Business combinations

The tax aspect is one of the major factors in mergers and acquisitions or changes to holding structures. In some cases it is even the most important reason behind the process.

Our team is ready to provide expert support to clients in deciding which option to choose and how to proceed, including the design of the process and timetable. We are able to quantify the tax, legal, business and accounting or administrative impacts of these transactions.

Identification of potential risks and how to manage them is an essential step in selecting the best option.

We offer the following services related to international taxation

  • Advice on the setting up of permanent establishments in and outside the Czech Republic and the taxation thereof
  • Design of holding structures
  • Optimisation of currently existing structures

Transfer pricing

The setting of transfer prices between related parties, including the tax implications, has recently been frequently addressed both in the Czech Republic and internationally. We are able to evaluate the client’s current transfer pricing strategy, identify possible risks or draw up a new strategy. We can obtain in advance the tax authority’s binding opinion on the method of the determination of the transfer price. This will give reasonable assurance to the client that the option selected by the client is acceptable for the tax authority.