Next round of TP inspections due for Czech Republic

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Next round of TP inspections due for Czech Republic

The Czech Republic’s Specialized Tax Authority has announced, via its website, a new round of transfer pricing inspections. The inspections are due to begin this month.

The first inspections were carried out in February this year, and focused on multinational corporations with Czech subsidiaries.

Those to be inspected will, in part, be chosen based on questionnaires taxpayers submitted alongside their tax returns. In 2014 these questionnaires became compulsory for companies with either assets over CZK40 million ($1.6 million); an annual net turnover of CZK80 million; or over 50 employees.

The authorities may use other criteria as well.

“Other examples could be companies in a loss position for several taxable periods but there are plenty of others,” said Daniel Szmaragowski of KPMG.

more across site & shared bottom lb ros

More from across our site

Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards
The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
Gift this article