PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

Mazars: Most firms submitted controlling reports in time

Most of the monitored companies that are monthly VAT payers submitted the controlling reports for January and February 2016 in time, a survey by Mazars has revealed. 92% of the firms had no communication with their tax offices and received no call for documents after the first two reports. Approximately 6% of the firms had received the five-day call, to which they responded by submitting the subsequent controlling reports. For less than 2% of the companies, the financial authorities opened proceeding for the removal of doubts and uncertainties based on the submitted controlling report.

Source: www.cianews.cz