221/2015 Sb.



LAW



of 12 June. August 2015,



amending the Act No. 563/1991 Coll., on accounting, as amended,

regulations, and some other laws



Parliament has passed the following Act of the Czech Republic:



PART THE FIRST



Amendment of the Act on accounting



Article. (I)



Act No. 563/1991 Coll., on accounting, as amended by law No 117/1994 Coll.

Act No. 227/1997 Coll., Act No. 492/2000 Coll., Act No. 353/2001 Coll.

law no 575/2002 Coll., Act No. 437/2003 Coll., Act No. 257/2004 Coll.

Act No. 669/2004 Coll., Act No. 179/2005 Coll., Act No. 495/2005 Coll.

Act No. 57/2006 Coll., Act No. 81/2006 Coll., Act No. 230/2006 Coll.

Act No. 264/2006 Coll., Act No. 69/2007 Coll., the Act No. 261/2007 Coll.

Act No. 296/2007 Coll., Act No. 348/2007 Coll., Act No. 126/2008 Coll.,

Act No 304/2008 Coll., Act No. 227/2009 Coll., Act No. 230/2009 Sb.

law no 410/2010 Coll., Act No. 188/2011 Coll., Act No. 355/2011 Sb.

Act No. 428/2011 Coll., Act No. 458/2011 Coll., Act No. 167/2012 Sb.

Act No. 239/2012 Coll., Act No. 503/2012 Coll. and legal measures

The Senate no 344/2013 Coll., is hereby amended as follows:



1. In article 1 (1). 1, the words ' shall be determined in accordance with the law of the European Union "^ 1") "

replaced by the words "incorporates the European Union regulation ^ 1)

at the same time builds on the directly applicable European Union ^ 38) and

modifies the "and the word" relevance "shall be inserted after the words" the scope and method

disclosure of the accounting ".



Footnote No. 1 and 38:



"1) directive of the European Parliament and of the Council of 13/34/EC of 26 April 1999. June

2013 on annual accounts, consolidated accounts and

related reports of certain types of companies, amending Directive

European Parliament and Council Directive 2006/43/EC and repealing directives 78/660/EEC

and 83/349/EEC.



38) European Parliament and Council Regulation (EC) No 1606/2002 of 19 November 2002.

July 2002 on the application of international accounting standards, as amended by

Regulation of the European Parliament and of the Council (EC) No 297/2008. ".



2. Footnote 1a and 37 are repealed, including links to

the footnotes.



3. in section 1, the following new section 1a through 1f, which including the heading to § 1a, 1b and

1 d shall be inserted:



' section 1a



Public interest entities



For public-interest entity shall be deemed the entity based in

The Czech Republic, which is



and § 19a) is listed in paragraph 2(a). 1,



(b)) relating to the Bank by law banks or savings and

úvěrním cooperative under the law relating to savings and

unions,



(c) an insurance undertaking or a reinsurance undertaking) under the Act relating to the

insurance and reinsurance undertakings,



(d)) under the law governing pension by retirement savings

or supplementary pension savings, or



e) health insurance.



Category of business units and groups of units categories



section 1b



(1) Micro accounting unit is the one that the balance sheet does not exceed

at least 2 of the above boundary values



and total assets of CZK 9 0000 0000),



(b) the total annual net turnover) 18 0000 0000 CZK



c) average number of employees during the accounting period 10.



(2) a small entity is one that is not me-kro accounting unit and

at the balance sheet date does not exceed at least 2 of the above boundary values



and total assets of CZK 100 0000 0000),



(b) the total annual net turnover) 200 0000 0000 CZK



c) average number of employees during the accounting period 50.



(3) Central accounting unit is the one that is not micro accounting unit

even a small entity and the balance sheet date does not exceed at least 2 of the

given boundary values



and total assets of CZK 500 0000 0000),



(b)), the total annual net turnover 1 0000 0000 0000 CZK



c) average number of employees during the accounting period, 250.



(4) a great company is one that at the balance sheet date exceeds the

at least 2 border values referred to in paragraph 3.



(5) for a large business unit is always considered



and public-interest entity)



(b)) the selected business unit.



§ 1 c



(1) a small group of business units is that which consists of

the consolidating accounting unit and consolidated units and

on a consolidated basis which does not go to the balance sheet date at least

2 of the above boundary values



and total assets of CZK 100 0000 0000),



(b) the net turnover of CZK 200 0000 0000),



c) average number of employees during the accounting period 50.



(2) the Central Group of the business units is that which is not a small group of

business units and consists of the consolidating accounting unit and

consolidated units and on a consolidated basis

does not go to the balance sheet date, at least 2 of the above boundary values



and total assets of CZK 500 0000 0000),



(b)), the total annual net turnover 1 0000 0000 0000 CZK



c) average number of employees during the accounting period, 250.



(3) a large group of business units is that which consists of

the consolidating accounting unit and consolidated units and

on a consolidated basis to the balance-sheet date exceeds at least 2

frontier value referred to in paragraph 2.



section 1 d



The definition of certain concepts



(1) the total Assets for the purposes of this Act, means the total of the assets found

from the balance sheet.



(2) the annual total net turnover for the purposes of this Act, means the amount of the

the proceeds minus the sales discounts, divided by the number of months, initiated after

that took accounting period and multiplied by 12.



(3) average number of employees for the purposes of this Act, means the

the average recalculated number of employees filing according to the methodology of the Czech

the Statistical Office.



section 1e



(1) the first accounting year after their occurrence or commencement of activities

the accounting unit shall proceed according to the law for such category

the business units and the category of groups, business units, which can be

reasonably be expected to meet its conditions at the balance sheet date of the first

of the accounting period.



(2) If in two consecutive days for the balance of the ordinary

financial statements of an entity or group business units

exceeds or ceases to exceed the 2 border values under section 1b and 1 c,

changes from the beginning of the next accounting period, category

the business unit or group business unit, under which it is established

the scope and method of drawing up the annual accounts and consolidated

the shutter.



section 1f



(1) the entity referred to in section 1 (1). 2 (a). and) and b) can lead

simple accounting, if



and it is not the payer) of value added tax,



(b)), its total revenue for the last closed accounting period shall not exceed 3

0000 0000 CZK



(c) shall not exceed the value of its assets) 3 0000 0000 CZK



(d))



1. the Club and pobočným Association



2. trade-union organisations, trade unions, international branch

the trade union organizations and international trade union organizations, branch



3. employers ' organisations, subsidiary of employers ' organisations,

the international organisation of employers and the international organisations branch

employers,



4. churches and religious societies or religious institution, which is

a legal person registered in accordance with the law governing the status of churches

and religious societies, or



5. honebním the community.



(2) the entity referred to in paragraph 1 or of the initiation of the

activities may lead to simple accounting, if it can be reasonably

assume that satisfies the conditions referred to in paragraph 1 to the balance sheet date

the first accounting period.



(3) if the entity that runs the simple accounting,

meet the conditions for the management of simple accounting as set out in

paragraph 1, leading accounts in full, or in simplified

in accordance with section 13a, and from the first day of the accounting period

following the accounting period in which the accounting unit

the fact found. With the exception of their activities, this book

the drive to end accounting management in its entirety, or in

a simplified scale and start keeping a simple accounting as soon as possible

After a period of 5 consecutive accounting periods in which the led

accounting in full, or in a subset of the range.



(4) the total income for the purposes of a simple accounting means the aggregate of

revenue from the list found on the revenue and expenditure for the financial year. To

total revenue does not include ongoing items and income from sales

fixed assets and income and extraordinary.



(5) the value of the asset for the purposes of a simple accounting means the aggregate of

property observed from an overview of the assets and liabilities of the assembled to

the balance sheet date. In total, the assets are not included in accounts receivable from the sale of

fixed assets and their remuneration, and the extraordinary claims of random and

their remuneration.



(6) the method of transition from accounting to the full extent, or in the simplified

the range into a simple bookkeeping and accounting to the simple

accounting in full, or in a simplified range provides

implementing legislation. ".



4. In section 2, after the word "unit", the words ", which lead

accounting in full, or in a simplified scale, "and after the word

"charge" are added after the words "podvojnými records".



5. In section 2, the current text becomes paragraph 1 and the following

paragraph 2, which reads as follows:



"(2) the subject of a simple accounting of expenditure and income, assets and

obligations. ".



6. Footnote 1 c shall be deleted, and that including a link to the note

under the line.



7. In section 4, paragraph 4. 8 (a). and), the words "and a copy of the annual report"

replaced by the words "a copy of the annual report and report pursuant to section

the seventh ".



8. the footnote No 1 d shall be repealed, and that including a link to the note

under the line.



9. In section 4, paragraph 4. 8 at the end of the text of the letter h), the words "held in

full range, or in a simplified scale and methods of transition from

the accounts held in its entirety, or in a subset of the range of the

simple accounting ".



10. In section 4, paragraph 4. 8 (a). in) the word "undertaking" shall be replaced by the words

"the business of race".



11. In section 4, the dot at the end of paragraph 8 shall be replaced by a comma and the following

the letter x), which read:



"x) using the methods of calculation for technical provisions."



12. In section 4, paragraph 4. 12, the word "societies ^ 2)" is replaced by

"corporations".



Footnote 2 shall be deleted.




13. Footnote 3 to 6 are deleted, including links to

the footnotes.



14. In section 7 (2). 1 the word "compiled" is replaced by "was

built ", the word" basis ", the words" and "and clearly on the

the end of the text of the paragraph with the words "so that it could

a person who uses this information (hereinafter referred to as "user") do

economic decisions ".



15. In section 7 (2). 6 the last sentence shall be replaced by the phrase "business unit

can perform the clearing just in cases governed by the accounting

methods and, if the amount is carried out, in the amount of awards of unedited

items under section 26(3). 3, listed in the annex to the financial statements. ";"



16. In article 9, paragraphs 3 and 4 are added:



"(3) to keep accounts in a simplified scale, if not

unless otherwise specified, the accounting unit, if



and so for the subsidised organisations) will decide its founder, or



(b)) is a small entity, or micro accounting unit and does not have

the obligation to have the accounts certified by an auditor.



(4) from the business units referred to in paragraph 3 (b). (b)), which are accounting

units pursuant to § 1 (1). 2 (a). and (b))), may result in accounting

a simplified range of the business unit, which is



and the Club, pobočným Club),



(b) the Trade Union, branch) of the trade-union organizations, international

the trade union organizations and international trade union organizations, branch



(c)), employers ' organisations, subsidiary of employers ' organisations,

the international organisation of employers and the international organisations branch

employers,



(d)), churches and religious societies or religious institution, which is

a legal person registered in accordance with the law governing the status of churches

and religious societies,



(e)) honebním young,



(f) public benefit companies)



g) Endowment Fund,



h) Institute



I) community owners, or



j) housing and social cooperative. ".



Footnote No 8-10b is deleted, including the references to the

the footnotes.



17. In section 13a, paragraph. 1 (a). e), the words "with the exception of section 27. 3 when

the conversion of housing cooperatives "shall be deleted.



18. The footnote No. 11a and 11b shall be deleted, and that including links to

the footnotes.



19. under section 13a section 13b is inserted, which including the title:



"§ 13b



Simple accounting



(1) the business unit in the simple accounting of the lead books,

which are the



cash journal)



(b)) the book of receivables and Payables, book



(c)) on the other folders auxiliary book assets.



(2) the cash journal contains at least information about



and cash funds) and funds on the

in particular, accounts in banks, savings and credit cooperatives,



(b) income and expenditure) actually received or paid in accounting

period,



(c)), for which interim items shall be considered as movements of cash

resources that are not the ultimate income or expenditure referred to in point (a)

(b)).



(3) the accounting unit in the simple accounting compiled an overview of the

assets and liabilities and a statement of revenue and expenditure (hereinafter referred to as

"Overview"). Overview of the accounting unit shall draw up, not later than 6 months after the

end of the accounting period. On this overview apply section 18 paragraph. 3, §

19 paragraph. 1 and 2, § 29. 1 and section 31, paragraph. 2 (a). and) similarly.



(4) the accounting unit in the simple accounting do not apply economic

year and shall not apply to section 1b to 1e, section 14, section 18, paragraph. 1, 2 and 4, section 24, paragraph.

6 (a). (b)), with the exception of the method of valuation of the funds, section 25

paragraph. 3, section 26, section 27 and section 28 paragraph. 6. The other provisions of this Act,

the accounting unit used in the simple accounting, so that in the

accordance with a sense of purpose, and the methods laid down for the simple

accounting and reports drawn up pursuant to paragraph 3 provided a comprehensive

information on income, expenditure, assets and liabilities, accounting

unit.



(5) the application of the procedure referred to in paragraphs 3 and 4 shall not be considered violations of sections

7. 1 and 2.



(6) the Substantive definition of accounting books, organize, structure, designation and

the content of reports and the methods in the simple accounting

lays down detailed implementing legislation. ".



20. the footnote No 11 c is deleted, including the reference to the

the footnote.



21. In section 18, paragraph. 1 (a). (c)), for the words "§ 19 paragraph. 5 "shall be replaced

"and 6" and part of the sentence for a semi-colon including semicolon shall be deleted.



22. In section 18, paragraph. 1, the final part of the provisions repealed.



23. In section 18, paragraph 1, the following paragraph 2 is added:



"(2) the financial statements of companies also includes an overview of the

the cash flow statement and statement of changes in equity. Accounting

the unit referred to in section 1a (b). (b) to (d))) statement of cash flows

do not draw up. Small and micro business unit a business unit are not

required to compile an overview of the cash flow statement and statement of changes

the equity capital. The selected accounting unit compiled an overview of the

the cash flow statement and statement of changes in equity, the

balance sheet date and for the immediately preceding financial year will meet

both of the values referred to in section 20 (2). 1 (a). (c) points 1 and 2). ".



Paragraphs 2 and 3 shall become paragraphs 3 and 4.



24. In section 18, paragraph. 3 letter a) is added:



"and for the business units) according to § 1 (1). 2 (a). and (c))) and section 1 (1). 2

(a). I) to l) the business name or name and address; in the business units

According to § 1 (1). 2 (a). (d) to (h))) the business name or name, place of residence and

registered office, if different from the residence, ".



25. In section 18, paragraph. 3 at the end of the text of the letter b), the words ", and in the

accordance with the law governing public registers of legal entities and

natural persons (hereinafter referred to as "the public registry") information about the entry into the

public register reported on business papers ".



26. In section 18, paragraph. 3 at the end of subparagraph (c), the words ", where appropriate)

information about the fact that the unit is in liquidation. "



27. In section 18, paragraph. 4, the word "simplified" shall be replaced by

"Summary", and the words "with the exception of joint-stock companies, which are drawn up by

financial statements in full "are deleted.



28. In section 18 shall be added to paragraph 5 and 6 are added:



"(5) the implementing legislation provides for each group accounting

the units according to the categories of the business units, the scope and method of Assembly

financial statements in their entirety and in summary form.



(6) the implementing legislation provides for each group accounting

the units according to the categories of accounting units of the explanatory and supplementary

the information that the business units are required to give in the annex in the

accounts. ".



29. In § 19 paragraph 5 is added:



"(5) the accounts of the current financial year shall be at the balance sheet date

take into account the impact of the events that occurred in the end of the balance sheet date, and

When information about these events, have become well known to the business unit

between the balance sheet date and the time of the financial statements. ";"



30. In section 19, paragraph 5, the following paragraph 6 is added:



"(6) in the case of significant events that occurred between the balance sheet date

and the moment of the financial statements, are the consequences of these events

described and their economic impacts be quantified in the annex in the

accounts. ".



Paragraphs 6 to 10 shall be renumbered as paragraphs 7 to 11.



31. In section 19, paragraph. 7, the fifth sentence is replaced by the phrases "the information is considered to be

an important, if it is possible to assume, that its omission

or wrong indication may affect the judgement of the user, and the significance of

individual information is assessed in the context of other similar

the information. For the selected business units pursuant to § 1 (1). 3, with

the exception of the health insurance companies, is considered an important information

about the valuation of intangible assets in the amount of over 60 000 Czk and the separate

tangible movables or tangible movables file above

40 000 Czk. ".



Footnote No 11 d shall be repealed, and that including links to note

under the line.



32. Footnote 12 is deleted, and that including a link to the note

under the line.



33. In article 19a, paragraph. 1 and Section 23a, paragraph. 1, after the word "issuer" is inserted

the word "investment".



34. The footnote No. 35 and 36 shall be deleted, and that including links to

the footnotes.



35. In article 19a, paragraph. 2, after the words "acceptance" is the word

"investment", the words "in which" shall be inserted after the word

"investment" and the word "were" is added after the word "investment".



36. In article 19a, paragraph. 3, the word "If" and the word "which" is the word

"investment".



37. In article 19a, paragraph. 5, after the words "If", the word "which" and the word

"when" is inserted after the word "investment" and the word "new" and the word "this"

shall be inserted after the word "investment".



38. In article 19a, paragraph. 6, after the word "adoption" inserted after the word "investment".



39. In § 20 paragraph 1 reads:



"(1) the proper or special accounts are required to have a certified

Auditor, the accounting unit shall be laid down in the Act

governing the activity of the Auditors, the accounting unit to which this obligation

provides for a separate legal regulation, and



and the business units) with the exception of the selected business units

are not public interest entities,



(b) central accounting unit)



c) small business units, if they are stock companies or

svěřenskými funds under the civil code and the balance sheet date

the accounting period for which financial statements are verified, and the accounting period

immediately preceding, or have already achieved at least

one of the following values



1. total assets of CZK 40 0000 0000,



2. the total annual net turnover of Eur 80 0000 0000,



3. the average number of employees during the accounting period 50,



(d)) other small business units, if at the balance sheet date, the accounting

the period for which financial statements are verified, and the accounting period

immediately preceding, or have already reached at least 2

the values referred to in point (c)) points 1 to 3 ".



40. In section 20 (2). 2 at the end of subparagraph (c)), the comma shall be replaced by the dot and

subparagraph (d)) shall be deleted.



41. In § 21. 1, the words "referred to in section 20 (2). 1 (a). and (d))) "

replaced by the words "which have the obligation to have a financial statements certified by the

the Auditor, ".



42. In § 21. 2, letter c) the following new subparagraph (d)), which read:




"(d)) on the acquisition of own shares or own shares".



Existing subparagraph (d)) to (f)) are referred to as the letters e) to (g)).



43. In § 21. 2 (a). (f)), the words "organizational folder"

replaced by the words "a branch office or another part of the business of the race".



44. In article 21, paragraph 2, the following paragraph 3 is added:



"(3) the Central financial unit, small and micro business unit accounting

the units do not specify the non-financial information in the annual report referred to in

paragraph 2 (a). and) to (f)). ".



Paragraphs 3 to 6 shall be renumbered as paragraphs 4 to 7.



45. In § 21. 4 of the introductory part of the provisions, the word "instrumenty4)"

replaced by the word "Tools".



46. In § 21. 4 (b). and), the word "company" shall be replaced by the words

"business units".



47. In § 21. 6, the words "referred to in section 20 (2). 1 (a). (e)) "shall be replaced by

the words "which have the obligation to have the accounts certified by an auditor

provides for a separate legal regulation, ".



48. In § 21. 7, the words "the subject of the verification of the consistency of the annual report is

with the financial statements "shall be replaced by the words" the subject of the authentication is determined by law

governing the activities of Auditors ".



49. In article 21, the following paragraph 8 is added:



"(8) a part of the annual report or similar document under the Special

the legislation for the business units referred to in section 1f, which

be entered in the public register, is an overview of the assets and liabilities. "



50. The footnote No. 13a, 13b and 14 are deleted, including the links

on a footnote.



51. In section 21a, paragraph. 1 the first sentence, the word "i" shall be replaced by the words "or

an overview of the assets and liabilities and ", the word" its "shall be replaced by the word

"their" and the word "business" is deleted.



52. In section 21a, paragraph. 1 the second sentence, the words "(§ 18 paragraph. 3) "shall be replaced by

the words "(§ 18 paragraph. 4) and in the case of business units that have

the obligation to have the accounts certified by an auditor, in the range and the text, in the

which has been verified by an auditor.



53. In the second subparagraph of section 21a. 2, the words "referred to in section 20 shall be published" shall be replaced by

the words "which have the obligation to have the accounts certified by an auditor,

publish the ", the words", within the time limit "shall be deleted and the words" the time limit by another,

However, at the latest by the end of the accounting period immediately following "

shall be replaced by the words "otherwise, but no later than 12 months from the balance sheet

date published financial statements ".



54. no footnotes 15 and 16 are deleted, including links to

the footnotes.



55. In the second subparagraph of section 21a. 4, the first sentence, the words "to the trade" shall be replaced by the words

"to the public", the words "commercial register under a special rule

předpisu17) "shall be replaced by the words" at the latest at the time specified in paragraph

2 "and in the second sentence, the word" commercial "replaced by the word" public ".



Footnote 17 is repealed.



56. In paragraph 21(a). 6, the words "the verification according to § 20 ' is replaced by

"to have the accounts certified by an auditor".



57. Footnote 18 is hereby repealed, and including a link to the note

under the line.



58. In paragraph 8 of section 21a is inserted:



(8) paragraphs 1 to 7 shall apply to the consolidated accounts, annual

the message, the message about the payments and the consolidated report on payments by

part of the seventh by analogy. ".



59. In article 21a shall be added to paragraph 9 and 10 are added:



"(9) Small business units and micro business units that do not have

the obligation to have the accounts certified by an auditor may not disclose

profit and loss statement, if they are obliged to provide for special

legal prescription.



(10) If an entity presents selected data from your accounting

statements, stating that only the selected data from the financial statements and

information about where the accounts are stored. These selected data

does the auditor's report on verification of the financial statements. Instead of this

reports indicate the the entity type of Auditor's opinion on the accounts and the

a reference to any matters to which the auditor in a special way

attention. ".



60. Under the indications section 22 shall be inserted before the heading "consolidated financial statements".



61. In section 22, paragraph. 5, the words "company under a special rule

the regulation "are replaced by the words" accounting units ".



62. In section 22, paragraph. 6, after the words "§ 22a", the words "22aa".



63. the footnote No 20 is repealed, and including a link to the note

under the line.



64. In section 22, paragraph. 7, the word "joint" replaced by the word "joint".



65. section 22a is inserted:



"§ 22a



(1) a small group of business units is not required to build

the consolidated financial statements with the exception of cases, when a business is

Unit in the group, subject to the public interest.



(2) the entity, including a public-interest entity, may not be

included in the consolidated Group, if at least one of the

These terms and conditions:



and in extremely exceptional cases) cannot be the information necessary for the

the preparation of consolidated financial statements in accordance with the law get no

disproportionate expense or undue delay;



(b) shares of the financial unit) are held solely for the purpose of their

the subsequent sale, or



c) severe long-term restrictions substantially hinder the consolidating accounting

drive in



1. the exercise of its rights, as regards management of property or the control

This business unit, or



2. the performance of the single management of this business unit, if it is about the relationships

incurred on the basis of a contract concluded with the company or on the basis of the

the social contract or articles of association or the articles of Association of the company or

consist of the administrative, management or supervisory bodies of the accounting unit and

one or more of the other business units, in which does not affect,

mostly from the same persons exercising a function during the accounting period

to the consolidated financial statements.



(3) the consolidating accounting unit does not have the obligation to build

the consolidated financial statements if the consolidating accounting unit

only a consolidated unit, which are individually and in

the sum insignificant, or its consolidated units can be

excluded from the consolidation referred to in paragraph 2.



(4) For the inclusion of the business units under the joint influence of the items

consolidated accounts shall apply mutatis mutandis the provisions of paragraphs 2

and (3).



(5) the business unit associated with the may not be reported in items

the consolidated financial statements, where the proportion of the consolidating accounting unit

on the equity of the business unit associated with the insignificant. ".



66. Section 22a shall be added to § 22aa is added:



"§ 22aa



(1) the consolidating accounting unit does not have the obligation to build

the consolidated financial statements if it is at the same time the consolidated financial

the unit included in consolidated other consolidating people,

that is the consolidating accounting unit or the consolidating foreign

the person governed by the law of the Member State of the European Union (hereinafter referred to as "other

the consolidating accounting unit "), provided that such other

the consolidating accounting entity holds



and all the shares) the consolidating accounting unit; to shares

held by members of the administrative, management or supervisory body on the basis of the

specific legislation, the articles of association or social contract

be taken into account,



(b)), at least 90% of the shares of the consolidating accounting unit and nesestavení

the consolidated accounts of other shareholders have approved or

the companions of the consolidating accounting unit, or



c) less than 90% of the shares of the consolidating accounting unit and other

shareholders or members holding a share in the consolidating accounting

the unit did not request no later than 6 months before the end of the accounting period

preparation of the consolidated financial statements of the consolidating accounting unit;

This makes a total share of at least 10%.



(2) in accordance with paragraph 1 shall, if they are met at the same time these

terms and conditions:



and the consolidating accounting unit) and all her consolidated

the units are consolidated in the consolidated financial statements

consolidated other consolidating accounting unit,



(b)) the consolidated financial statements under (a)) and the consolidated

the annual report are drawn up another consolidating accounting unit and

are audited according to the law of the State, which is the other

the consolidating accounting unit controls



(c)) the consolidated financial statements under (a)), and the consolidated

the annual report referred to in subparagraph (b)) and the report of the auditor responsible for the

verification of the consolidated accounts and the consolidated annual

the message the consolidating accounting unit shall publish pursuant to section 21a of the law; These

the accounting records must be published in the Czech language and



(d)) Annex in the financial statements of the consolidating accounting unit includes

the name and address of the other the consolidating accounting unit that consolidated

the financial statements referred to in subparagraph (a)), and the reasons for not

the consolidation unit.



(3) if the preparation of the consolidated financial statements and

consolidated annual report for purposes of information or

their representatives under special legislation, or at the request of

administrative authorities or court for their needs, the procedure referred to in paragraphs 1

and (2) shall not apply.



(4) the accounting unit as set out in section 19a of paragraphs 1 to 3 shall not apply. ".



67. In section 22b, paragraph. 2 the words "the subject of the verification of compliance is the consolidated

the annual report with the consolidated accounts ' shall be replaced by the words

"the subject of the authentication is determined by law which regulates the activities of Auditors".



67. In section 23, paragraph. 3 the second sentence, the words "the consolidated financial

the drive included in the consolidated financial statements on the basis of her

compiled using the provisions ' shall be replaced by the words "are for Assembly

the consolidated financial statements used by compiled financial statements

According to ".



69. Under the indications Section 23b is inserted after the title "financial statements for the Czech

the Republic ".



70. In Section 23b, paragraph. 3 the words "and to the financial statements for the partial consolidation

all of the State "shall be deleted.



71. In Section 23b, paragraph. 4, after the word "whole", the words "the Czech

Republic ", the word" documents "shall be replaced by the words" accounting records "

the word "all" is replaced by "units", and the words "business unit,

that these financial statements drawn up "are replaced by the words" in accordance with

implementing legislation ".



72. In Section 23b, paragraph. 5, after the word "whole", the words "the Czech

Republic of ", the words" rules "shall be replaced by the words" the conditions


of significance for inclusion in the consolidation of the whole Czech Republic and to the

partial consolidation units State rules ", the words" and

the range of "shall be replaced by" the way and the extent of the "and the word" prescription "

shall be replaced by "provisions".



73. In section 24, paragraph. 1, after the word "property", the words "or its

"and the word" provisions "shall be deleted.



74. In section 24, paragraph. 3 (b). and the introductory part of the provision), the words "company

or its parts, forming a separate organization unit "shall be replaced by the words

"the commercial plant, a branch or any other part of the business of the race".



75. In section 24, paragraph. 3 (b). and point 1 is the word) "undertaking" shall be replaced by the words

"the commercial plant, a branch or any other part of the business of the race".



76. In section 24, paragraph. 4, after the word "file" is inserted after the word "material".



77. In section 24 shall be inserted at the beginning of paragraph 5, the phrase "Detailed legal

the regulation lays down the cases and moments of posting of valuation of assets required by the

the law on the transformation of commercial companies and cooperatives ".



78. In section 24, paragraph. 5 the second sentence, the word "accounting" shall be replaced by the words "This

Regulation also provides for the Court ", the words" implementing legislation "

shall be deleted and the word "undertaking" shall be replaced by the words "commercial plant,

branches or other part of the business of the race ".



79. In section 24, paragraph. 8, the words "the implementation of the general permit

health insurance ^ 20 g) "shall be deleted and the words" general health

the insurance company of the Czech Republic ^ 20 k) "shall be replaced by the words" health

the insurance company ".



Footnote No. 20 and 20 are deleted.



80. The footnote No. 20a to 20f, 20 h, 20j, 36l and 21 are deleted, and the

including links to footnotes.



81. In section 25, paragraph. 3, the word "were" the words "of the balance sheet

the date ".



82. In section 25, paragraph. 5 (a). (c)), the words "part of indirect costs, which

apply ' shall be replaced by the words "attributable to indirect costs, which are

apply "and at the end of the text of the letter with the words"; to direct

the cost includes the acquisition price and other material consumed

performance and the additional costs that will be incurred in direct connection with the

production or other activities ".



83. In section 25, paragraph. 5 (a). (d)), after the words "stocks and" following the word "for",

the words "and activities" shall be replaced by the words "activities, where appropriate, the

assignable ", and at the end of the text of the letter with the words"; to direct

the cost includes the acquisition price and other material consumed

performance and the additional costs that will be incurred in direct connection with the

production or other activities ".



84. In section 26, paragraph. 3 the second sentence shall be replaced by the phrase "the provisions are intended to

cover its liabilities or costs, the nature of which is clearly defined and

where is the balance sheet are either likely to be incurred, or certain to be

that occur, but is not sure of their amount or the moment of their creation. ".



85. In section 26, paragraph. 3, the second sentence shall be inserted after the phrase "to the balance sheet date

must reserve represent the best estimate of the costs, which are likely to

occur, or in the case of liabilities the amount that is needed to

the settlement. The reserves must not be used to adjust the values of assets. ".



86. In section 26, paragraph. 3 the fifth sentence the words "technical reserves or" shall be deleted.



87. In section 27. 1 (a). and), the words "acquired in primary emissions"

shall be deleted.



88. In section 27. 1 (c)):



"(c)), the amount of the technical reserves shall be calculated using the methods

the calculation referred to in section 4, paragraph 4. 8 for the business units that operate

the activity of insurance or reinsurance in accordance with special legislation,

In addition to the public health insurance, ".



Footnote No. 22a shall be deleted.



89. In section 27. 1 letter e) is added:



"e) those parts of the assets and liabilities, which are secured and in derivative

assurance system in real terms is considered to be secured

the item ".



90. the footnote No. 23 is repealed, and including a link to the note

under the line.



91. Article 27, paragraph 3 is deleted.



Paragraphs 4 to 7 shall become paragraphs 3 to 6.



92. In section 27. 3 at the end of the text of subparagraph (a)), the words "

where applicable, market value derived from the market value of the individual components

assets and liabilities, unless the market value of some asset or liability

to find out, but it can determine for each folder or similar asset

or liability. "



93. In section 27. 3 for the letter a) insert a new subparagraph (b)), which read:



"(b)) the value resulting from generally accepted valuation models and

techniques, if these valuation models and techniques provide an acceptable

an estimate of the market value, ".



The former subparagraph (b)) and (c)) shall become points (c) and (d)).)



94. Under section 27. 3 (b). (d)), the words "and (b))" shall be replaced by "to (c))".



95. In section 27. 4 the third sentence, the word "recognized" be replaced by the words "adopted

to trading ".



96. In section 27, the following paragraph 7 is added:



"(7) in accordance with paragraphs 1 to 6 shall not apply to micro-accounting

Unit; It does not apply to



and securities dealers) and the branches of foreign merchants

securities,



(b)) payment institutions, payment institutions, branches of foreign

electronic money institutions and branches of foreign institutions

electronic money,



(c)), investment companies and funds in accordance with the Act on investment

companies and investment funds and



(d) according to the law governing the funds), pension savings or additional

pension savings. ".



97. In section 28 paragraph. 1 the second sentence, after the word "things", the words "with the

exception of securities ".



98. Footnote 24 to 26 shall be deleted, and that including links to

the footnotes.



99. In section 28 paragraph. 4, the words "lease" shall be replaced by the words "without prejudice to the

the business of race ", the word" his "shall be deleted and the end of the paragraph text

the words "business of race".



100. In section 28, the following paragraph 7 is added:



"(7) if the development costs recognized as assets of the balance sheet, the

any payment of profit shares shall be prohibited, unless the available

sources from which you can otherwise pay dividends and retained earnings

the past period, are at least equal to the non written off part of the cost of

development. ".



101. Footnote 27 is deleted, including the reference to the

the footnote.



102. In section 30, paragraph. 7 (b). e), the words "and obligations" shall be deleted.



103. The footnote No. 28 and 29 are repealed, including links to

the footnotes.



104. For the part of the sixth part is inserted after the seventh, including title and

footnote No. 39 and 40:



"PART OF THE SEVENTH



REPORT ON PAYMENTS TO THE AUTHORITIES OF THE ADMINISTRATION OF THE MEMBER STATE OF THE EUROPEAN UNION OR

THE THIRD COUNTRY



section 32a



The scope of the



(1) report on payments to the authorities of the Member State of the European Union Administration or

a third country (hereinafter referred to as the "report of payments") assembles at the balance sheet date

United Business Unit, including the body of public interest, with the exception of the

the selected business units operating in the mining industry, which carries out

any activities related to the exploration, prospecting, exploring,

the development and mining of the deposits of minerals, oil, natural gas or other

substances, in accordance with relevant regulations of the European Union ^ 39), and the United

the entity, including a public-interest entity, with the exception of the selected

business units operating in the mining sector of the wood in the original forests, which

develops the activities referred to in the regulation the European Union ^ 40).



(2) the report referred to in paragraph 1 shall be drawn up in the Czech language and value

the data in this report are expressed in units of the Czech currency.



(3) the obligation to draw up the report referred to in paragraph 1 shall not apply to

the company, which is a consolidated unit or

the consolidating accounting unit, which is at the same time the consolidated financial

the unit consolidated consolidating other persons if they are

subject to the following conditions:



and the consolidating accounting unit) or another person shall be governed by the consolidating

the law of the Czech Republic or another Member State of the European Union and



(b) the payment of the contributions in this book) unit of the administration of the Member authorities

State of the European Union or of a third country are included in the consolidated

the report, which compiles the consolidating accounting unit or other

consolidating the person in accordance with section 32 c or a similar law of another

the Member State of the European Union.



(4) the authority shall mean for the purposes of this part of the Act, any

Central, regional or local authority administration of a Member State or a third

country; It also includes any body without legal personality, the Agency

or person in which that authority exercises a decisive influence management.



(5) the Project shall mean the operating activities, which are covered by a single

the contract, license, lease, agreement on concessions or similar laws

agreements, and which are the basis for the payment obligations towards the authorities

management referred to in paragraph 4; However, if more such agreements are an essential

in a way, being considered the project a file of agreements.



(6) the payment means the amount which was paid, whether in the form of

financial or in kind, for the activities referred to in paragraph 1,

While this is the following



and borne as part of the production), natural performance,



(b)) tax, fee, and other similar pecuniary performance paid from the revenue

production or profit, with the exception of the excise tax, value added tax,

tax on the income of natural persons or the sales tax,



(c)) share in profits



(d) remuneration for the conclusion of the contract), the discovery of the bearing or the mining site and

production or extraction,



e) license fee, rent, license and concession implementation and



(f)) payment for infrastructure improvements.



§ 32b



The content of the messages about payments



(1) in the report about the payments shall be the following information relating to the

the activities referred to in section 32a of the paragraph. 1 for the accounting period:



and the total amount of payments), which have been made available to the individual institutions administration

under section 32a of the paragraph. 4,



(b) the total amount of payments) broken down by species referred to in section 32a of the paragraph. 6,

that have been paid to the individual institutions of management according to § 32a of the paragraph. 4,



(c)) where these payments are assigned to a specific project, the total amount of

the breakdown by types of payments referred to in section 32a of the paragraph. 6, that were

paid for each such project, and the total amount of payments for each such

project.



(2) in the report about the payments is not a payment, whether already carried out


in a lump sum or as a series of payments, the amount for the financial

the period does not exceed the amount of Eur 2 600 0000.



(3) the information about payments levied by the entity relating to the

the obligations imposed at the level of the internal body of the accounting unit is

can be placed on the lowest possible level of the internal body of the accounting unit.



(4) if the pay non-pecuniary performance, their value, and

where appropriate, the volume in kind. In the notes to the

the report by the accounting unit explain how this value was specified.



(5) When placing information about payments into account substantive nature than

form of payment or activity concerned. Payments and activities may not be artificially

distributed or merged with the aim of avoiding the obligations of this message

build.



section 32 c



Consolidated report on payments



(1) the entity referred to in section 32a of the paragraph. 1 compiled by konsolidvanou

a report about the payments with the contents according to § 32b, is given to the consolidating

the entity obliged to prepare consolidated accounts.



(2) the consolidating accounting unit shall also be considered active in the

the mining industry or in the mining sector of the wood in the original forests, if

in the mining industry or in the mining sector of the wood in the original forests of the active

some of its consolidated units.



(3) Consolidated report on payments includes only payments arising from the

activity in the mining industry or in the mining sector of the wood in the original

the forests.



(4) the obligation to prepare a consolidated report on the payments referred to in

paragraph 1 shall not apply to



and the consolidating accounting unit), small or medium-sized groups, if not

a business unit in the group, a body of public interest, or



(b) consolidating accounting unit), which is also the consolidated

the accounting unit in one of the Member States.



(5) the entity referred to in section 32a may not be included in the

consolidated reports on payments, if at least one of the

the conditions referred to in section 22a, paragraph. 2 and 3.



(6) the derogations referred to in paragraph 5 shall apply only in the case that there is

used for the purposes of preparing the consolidated financial statements.



§ 32d



The publication of



(1) the payments referred to in Section 32b, and the consolidated report on payments

referred to in section 32 c shall be published in the manner referred to in section 21a.



(2) the report shall also contain a declaration of the payment of the statutory body

or another responsible person that the message was in accordance with their best

consciousness and ability prepared and published in accordance with the requirements of this

the law.



section 32e



Equivalence criteria



The entity referred to in section 32a of the paragraph. 1, which are compiled and published

report on payments in accordance with requirements of the State, which is not a member of the

The European Union, which have been evaluated by the European Commission as equivalent to

the requirements of this section, shall be exempt from the requirements of this

part, with the exception of the requirement to publish a report on the payment of the consolidating

of the person; the report about the payments must be published in the Czech language.



39) European Parliament and Council Regulation (EC) No 1893/2006 of 20 February.

December 2006 establishing the statistical classification of economic

the activities of NACE Rev. 2, section (B), sections 5 to 8 of annex I.



40) European Parliament and Council Regulation (EC) No 1893/2006, section and,

Section 02 group 02.2 Annex I. ".



Part seven is referred to as part of the eighth.



105. The footnote No. 30, 30a and 31 shall be deleted, and that including links

on a footnote.



106. In section 37, paragraph 1 reads:



"(1) an entity that is not an entrepreneur, is guilty of an offence

by



and does accounting under section) 4 (4). 2 to 6,



b) compile financial statements in accordance with section 6 (1). 4,



(c) to compile financial statements) of the date laid down in § 19 paragraph. 1,



(d) not produced according to the annual report), § 21. 1 to 6,



e) keep accounts in contravention of section 7 (1). 1 and 2,



f) keep accounts in violation of section 8 (2). 2,



(g) the financial statements drawn up to her) does not contain all required components

referred to in section 18, paragraph. 1 or 2,



(h)) in contravention of section 20 (2). 1 does not have accounts certified by an auditor,



I) in violation of § 21. 7 annual report does not have a certified auditor,



j) disclose financial statements or annual report under section 21a, or



k) in contravention of section 31 neuschová accounting records. ".



107. In section 37, paragraph. 2 (a). and the words "), pursuant to section 20 (2). 1 (a). and)

1 "shall be deleted and the words" and (b)) "are replaced by the words" to (d)) ".



108. In paragraph 37. 2 (a). (b)), the words "pursuant to section 20 (2). 1 (a). and)

1 "shall be deleted and the words" c) to (h)) "shall be replaced by the words" e) to) ".



109. the heading of § 37a is hereby repealed.



110. In § 37a paragraph 1 and 2 shall be added:



"(1) the entity not mentioned in section 37 or the person responsible for the management

accounting under this Act is guilty of misconduct by



and does accounting under section) 4 (4). 1,



b) compile financial statements in accordance with section 6 (1). 4,



(c) to compile financial statements) of the date laid down in § 19 paragraph. 1,



(d) not produced according to the annual report), § 21. 1 to 6,



e) keep accounts in contravention of section 7 (1). 1 and 2,



f) keep accounts in violation of section 8 (2). 2,



(g) the financial statements drawn up to her) does not contain all required components

referred to in section 18, paragraph. 1 or 2,



(h)) in contravention of section 19(a)(1). 1 does not apply to the accounting and preparation of financial

statements of international accounting standards,



I) in contravention of section 20 (2). 1 does not have accounts certified by an auditor,



j) contrary to § 21. 7 annual report does not have a certified auditor,



to disclose accounts or) an annual report under section 21a,



l) shall not disclose the report about the payments under section 32d,



m) compile financial statements for partial consolidation unit of the State or

the financial statements for the Czech Republic pursuant to Section 23b,



n) in contravention of section 31 neuschová accounting records,



the conditions for the transmission locked) accounting records to the Central

the system of accounting information in the manner laid down in the implementing State legal

Regulation issued pursuant to section 4, paragraph 4. 8 and Section 23b, paragraph. 5, or



p) gives the court record to the central system of accounting information

the State in the manner prescribed by the implementing regulation issued under section

4 (4). 8 and Section 23b, paragraph. 5.



(2) the consolidating accounting unit has committed misconduct by



and) compile a consolidated financial statements in accordance with § 6 (1). 4,



b) compile a consolidated financial statements as of the date provided for in § 23

paragraph. 2,



(c)) is not produced a consolidated annual report under section 22b, paragraph. 2,



(d) to compile a consolidated report on) payments under section 32 c,



(e)), it prepared the consolidated financial statements does not include all the mandatory

components according to § 18 paragraph. 1 or 2,



(f)) in contravention of section 22, paragraph. 1 does not have consolidated financial statements certified by the

the Auditor,



g) contrary to section 22b, paragraph. 2 does not have a consolidated annual report

a certified auditor,



(h)) shall not publish consolidated accounts or consolidated annual

a report under section 21a,



I) compile a consolidated report on payments under section 32d, or



j) in contravention of Section 23a, paragraph. 1 does not apply to the consolidated

financial statements of international accounting standards. ".



Footnote No. 34 is repealed.



111. In § 37a paragraph 2, the following paragraph 3 is added:



"(3) the entity that runs the simple accounting, commits

the administrative tort by



and does simple accounting) in accordance with section 4, paragraph 4. 1,



(b) compile reports in the range), and within the time limit under section 13b, paragraph. 3,



(c) processed reports do not contain her) all the particulars referred to in section 18, paragraph. 3,



(d) compile reports to date) specified in § 19 paragraph. 1 and 2,



(e)), simple accounting, in contravention of section 8 (2). 2,



(f)) in contravention of section 31 neuschová accounting records, or



(g)) shall not publish an overview of the assets and liabilities, the annual report or

similar document under section 21a, paragraph. 1. ".



The former paragraph 3 shall become paragraph 4.



112. In § 37a paragraph. 4 (b). and the words "), pursuant to section 20 (2). 1 (a). and)

point 1 "shall be deleted and the words" (b)), and (f)) "shall be replaced by" to (d)) or

(h)) ".



113. In § 37a paragraph. 4 (b). (b)), the words "pursuant to section 20 (2). 1 (a). and)

point 1 "shall be deleted and the words" c) to (e)) and g) to (j)) "shall be replaced by" e) to

g) or (i) to (n))) ".



114. In § 37a paragraph. 4 (b). (c)), the words "pursuant to section 22a, paragraph. 1 point 1 "

shall be deleted.



115. In § 37a paragraph. 4 (b). (d)), the words "(a). k) "shall be replaced by

"(a). about) or p) ".



116. In section 37a at the end of paragraph 4, the dot is replaced by a comma and the following

with the letters e) and (f)) are added:



"e) 100 000 CZK in the case of an administrative offence under paragraph 3 (b). and)

(d)),



f) 50 000 CZK in the case of an administrative offence under paragraph 3 (b). (e))

g).“.



117. In paragraph § 37ab. 1 the words "on her" be deleted.



118. In paragraph 37b. 1, after the word "implement", the words "section, paragraph 1f.

6.0 "and the words" § 4, paragraph 4. 8.0 "shall be inserted after the words" § 13b, paragraph. 6. "



119. section 38 shall be repealed.



Article. (II)



Transitional provisions



1. the provisions of Act No. 563/1991 Coll., as amended, effective from the date of acquisition

the effectiveness of this law, shall apply for the first time in years, which

started in 2016 or later, if not in points 2 to 6 provided

otherwise.



2. the units which are entered in a public register and have

the obligation to have the accounts auditor, accounting ověřenu be published

accounts and the annual report for the financial period, which began in the year 2014,

putting them in a collection of documents by no later than 31 December 2006. March 2016.



3. the units which are entered in a public register and have

the obligation to have the accounts auditor, accounting ověřenu be published

accounts and the annual report for the financial period, which began in the year 2015,

putting them in a collection of documents by 30. November 2017.



4. In the accounting period, which began in the year 2016, the accounting

the unit under the law for such category of business units and

category groups the accounting units whose conditions filled to the

balance sheet date of the immediately preceding accounting year.



5. Business units from the date of entry into force of this Act are

micro business units with the exception of securities traders,

branches of foreign securities dealers, payment institutions,

branches of foreign credit institutions, institutions of electronic


money, foreign branches of electronic money institutions, companies

and funds under the law on investment companies and investment

funds and funds in accordance with the law governing retirement savings or

supplementary pension savings, and before the date of entry into force of this Act

use the valuation at fair value in accordance with section 27 of Act No.

563/1991 Coll., as amended effective prior to the date of entry into force of this

law, accounting and reporting of assets valued at fair

under Act No. 563/1991 Coll., as amended effective date

the entry into force of this Act, until the disposal of the asset.



6. the procedure for the imposition of fines in accordance with Act No. 563/1991 Coll., as amended by

effective from the date of entry into force of this Act, initiated before the date of

the entry into force of this law, and to this day, completes and hedge contingent exposures

the rights and obligations related thereto shall be assessed according to the law No.

563/1991 Coll., as amended effective prior to the date of entry into force of this

the law, if the legislation referred to in Act No. 563/1991 Coll., on the

the texts of the effective date of the entry into force of this Act, for the financial

the unit more profitable.



PART THE SECOND



Amendment of the Act on income taxes



Article. (III)



Act No. 586/1992 Coll., on income taxes, as amended by Act No. 35/1993

Coll., the Act No. 96/1993 Coll., Act No. 156/1993 Coll., Act No. 196/1993

Coll., Act No. 323/1993 Coll., Act No. 42/1994 Coll., Act No. 85/1994

Coll., Act No. 114/1994 Coll., Act No. 259/1994 Coll., Act No. 32/1995

Coll., Act No. 87/1995 Coll., Act No. 118/1995 Coll., Act No. 149/1995

Coll., Act No. 248/1995 Coll., Act No. 316/1996 Coll., Act No. 18/1997

Coll., Act No. 151/1997 Coll., Act No. 209/1997 Coll., Act No. 210/1997

Coll., Act No. 227/1997 Coll., Act No. 111/1998 Coll., Act No. 149/1998

Coll., Act No. 167/1998 Coll., Act No. 333/1998 Coll., Act No. 63/1999

Coll., Act No. 129/1999 Coll., Act No. 144/1999 Coll., Act No. 170/1999

Coll., Act No. 222/1999 Coll., the finding of the Constitutional Court, declared under no.

3/2000 Coll., Act No. 17/2000 Coll., Act No. 27/2000 Coll., Act No.

72/2000 Coll., Act No. 100/2000 Coll., Act No. 103/2000 Coll., Act No.

121/2000 Coll., Act No. 132/2000 Coll., Act No. 241/2000 Coll., Act No.

340/2000 Coll., Act No. 492/2000 Coll., Act No. 115/2001 Coll., Act No.

120/2001 Coll., Act No. 239/2001 Coll., Act No. 453/2001 Coll., Act No.

483/2001 Coll., Act No. 50/2002 Coll., Act No. 128/2002 Coll., Act No.

198/2002 Coll., Act No. 210/2002 Coll., Act No. 260/2002 Coll., Act No.

308/2002 Coll., Act No. 575/2002 Coll., Act No. 162/2003 Coll., Act No.

362/2003 Coll., Act No. 438/2003 Coll., Act No. 19/2004 Coll., Act No.

47/2004 Coll., Act No. 49/2004 Coll., Act No. 257/2004 Coll., Act No.

280/2004 Coll., Act No. 359/2004 Coll., Act No. 360/2004 Coll., Act No.

436/2004 Coll., Act No. 562/2004 Coll., Act No. 628/2004 Coll., Act No.

669/2004 Coll., Act No. 676/2004 Coll., Act No. 179/2005 Coll., Act No.

217/2005 Coll., Act No. 342/2005 Coll., Act No. 357/2005 Coll., Act No.

441/2005 Coll., Act No. 530/2005 Coll., Act No. 545/2005 Coll., Act No.

552/2005 Coll., Act No. 56/2006 Coll., Act No. 57/2006 Coll., Act No.

109/2006 Coll., Act No. 112/2006 Coll., Act No. 179/2006 Coll., Act No.

189/2006 Coll., Act No. 203/2006 Coll., Act No. 223/2006 Coll., Act No.

245/2006 Coll., Act No. 264/2006 Coll., Act No. 267/2006 Coll., Act No.

29/2007 Coll., Act No. 67/2007 Coll., Act No. 159/2007 Coll., Act No.

261/2007 Coll., Act No. 296/2007 Coll., Act No. 362/2007 Coll., Act No.

126/2008 Coll., Act No. 306/2008 Coll., Act No. 482/2008 Coll., Act No.

2/2009 Coll., Act No. 87/2009 Coll., the Act No. 216/2009 Coll., Act No.

221/2009 Coll., Act No. 227/2009 Coll., Act No. 281/2009 Coll., Act No.

289/2009 Coll., Act No. 303/2009 Coll., Act No. 304/2009 Coll., Act No.

326/2009 Coll., Act No. 362/2009 Coll., Act No. 199/2010 Coll., Act No.

346/2010 Coll., Act No. 348/2010 Coll., Act No. 73/2011 Coll. award

The Constitutional Court declared under no 119/2011 Coll., Act No. 188/2011

Coll., Act No. 329/2011 Coll., the Act No. 353/2011 Coll., Act No. 355/2011

Coll., Act No. 370/2011 Coll., Act No. 375/2011 Coll., Act No. 420/2011

Coll., Act No. 428/2011 Coll., Act No. 458/2011 Coll., Act No. 466/2011

Coll., Act No. 470/2011 Coll., Act No. 192/2012 Coll., Act No. 399/2012

Coll., Act No. 401/2012 Coll., Act No. 403/2012 Coll., Act No. 428/2012

Coll., Act No. 500/2012 Coll., Act No. 503/2012 Coll., Act No. 44/2013

Coll., Act No. 80/2013 Coll., Act No. 105/2013 Coll., Act No. 160/2013

Coll., Act No. 215/2013 Coll., Act No. 241/2013 Coll., legal measures

The Senate no 344/2013 Coll., the finding of the Constitutional Court, declared under no.

162/2014 Coll., Act No. 247/2014 Coll., Act No. 267/2014 Coll., Act No.

332/2014 Coll., Act No. 84/2015 Coll. and Act No. 127/2015 Coll., amended

as follows:



1. In section 23, paragraph. 3 (b). and at the end of paragraph) 19 the following paragraph 20, which

added:



"20. the amount of the cancelled provision for the handling of electronic waste from the

solar panels according to the law governing the provision to establish the basis

income tax, which was reduced to a result referred to in paragraph

3 (b). (c) of point 10, ').



2. In section 23, paragraph. 3 (b). (c)) at the end of paragraph 9 shall be replaced by a comma and dot

the following point 10 is added:



"10. the amount of created provisions for the management of electronic waste from the

solar panels according to the law governing reserves. ".



3. In section 24, paragraph. 2 at the end of the text of the letter i), the words "and with the

exception of the provisions on the management of electronic waste from solar panels

According to the law governing the provision to establish the tax base from income ".



4. In section 24 shall at the end of paragraph 2, the period is replaced by a comma and the following

Letter zy) is added:



"zy) the acquisition price of the securities in its sale of taxpayer tax

the income of legal persons, which is a micro company with the exception of

referred to in subparagraphs (a) and from the w)). ".



5. § 25 shall at the end of paragraph 1, the period is replaced by a comma and the following

Letter zr), which read:



"zr) for taxpayers who are accounting units, partial payment

contribution to ensuring the funding of treatment, recovery and disposal

electronic waste from solar panels placed on the market before 1 January 1998. January 2013

carried out by the operator of a collective system. ".



6. In section 32a of the paragraph. 1 the words "formation expenses" shall be deleted.



7. In section 32a of the paragraph. 4, the words ", the expenses of 60 months" shall be deleted.



Article. (IV)



Transitional provisions



1. For the tax liability for income taxes for the taxable period prior to the date

the entry into force of this Act and for the tax period that began

before the date of entry into force of this law, as well as the rights and obligations with

them, shall apply Act No. 586/1992 Coll., as amended effective

before the date of entry into force of this Act.



2. the provisions of section 23, paragraph. 3 (b). and, § 20) paragraph 23(1)(a). 3 (b). (c))

10, section 24, paragraph. 2 (a). I) and § 25 paragraph. 1 (a). ZR) of Act No. 586/1992

Coll., as amended, effective from the date of entry into force of this law, can be

use for the taxable period beginning in 2015.



3. the provisions of section 24, paragraph. 2 (a). ZY) Act No. 586/1992 Coll., as amended by

effective from the date of entry into force of this law, shall not apply to securities

the papers, which remain from the date of entry into force of this Act are valued

fair value.



4. in the case of formation of expenses of registered property of the taxpayer in

the consultative period before the date of entry into force of this Act

applies Act No. 586/1992 Coll., as amended effective prior to the date

the effectiveness of this Act.



PART THE THIRD



Amendment of the Act on provisions for the determination of the tax base from income



Article. In



Act No. 593/1992 Coll., on reserves for the determination of the tax base from income,

in the wording of Act No 157/1993 Coll., Act No. 323/1993 Coll., Act No.

244/1994 Coll., Act No. 132/1995 Coll., Act No. 211/1997 Coll., Act No.

333/1998 Coll., Act No. 363/1999 Coll., Act No. 492/2000 Coll., Act No.

126/2002 Coll., Act No. 260/2002 Coll., Act No. 176/2003 Coll., Act No.

438/2003 Coll., Act No. 669/2004 Coll., Act No. 377/2005 Coll., Act No.

545/2005 Coll., Act No. 223/2006 Coll., the Act No. 261/2007 Coll., Act No.

296/2007 Coll., Act No. 126/2008 Coll., Act No. 2/2009 Coll., Act No.

216/2009 Coll., Act No. 278/2009 Coll., Act No. 346/2010 Coll., Act No.

458/2011 Coll., legal measures the Senate no 344/2013 Coll. and Act No.

267/2014 Sb, is hereby amended as follows:



1. In article 3, the following paragraph 4 is added:



"(4) the creation of reserves may as expenditure (cargo) to achieve, to ensure and

maintain the income of the taxpayer, who also leads a simple

accounting, if at the same time leading a demonstrable record of these provisions, and

It's up to the amount laid down by the demonstrable evidence. ".



2. under section 11, the following new section 11a to 11 c, including the following titles:



"§ 11a



General provisions on the reserve on the management of electronic waste from solar

panels placed on the market before 1 January 1998. January 2013



(1) a provision for the handling of electronic waste from solar panels can

to create the operator of solar power, which is obliged under the Act

adjusting the waste to ensure the funding of treatment, recovery and

the removal of electronic waste from the solar panels.



(2) the provision for the handling of electronic waste from solar panels to form

independently on assigned identical reserve created under the legislation

governing the accounting and its creation is not subject to the posting.

The taxpayer is obliged to keep a register created reserves, at least in the

the range specified for the creation of reserves in the rules governing the

accounting.



(3) provision for the handling of electronic waste from solar panels to form

from the first month of the tax period in which they arose

the operator of solar power the repayment obligation of the first payment

contribution to ensuring the funding of treatment, recovery and disposal

electronic waste from solar panels to be carried out by the operator of a collective

the system, to the time when it would be completed on tangible assets,

the solar panel is part of the, if it odpisoval its first

owner under section 30b of the Act on income taxes. When the technical


assessment of tangible assets, the period of the creation of the reserve

does not extend.



(4) the leasing, liquidation and insolvency proceedings do not constitute an obligation to cancel

already created a provision for the handling of electronic waste from solar

panels and it can be even in the course of the liquidation and insolvency

the proceedings at the time of the duration of the effects of the bankruptcy.



(5) For the purposes of the provisions on the management of electronic waste for the tax

period and the period for which a tax return is served.



section 11b



The amount of the provision for the handling of electronic waste from solar panels

placed on the market before 1 January 1998. January 2013



(1) the total amount of the provision for the handling of electronic waste from solar

the panels is the aggregate amount of funding, which is in accordance with the legislation of the

governing the waste shall be obliged to provide to the operator of solar power plants

processing, recovery and disposal of electronic waste from solar panels

being carried out by the operator of a collective system.



(2) The total amount of the reserve shall not include the amount that was reduced

the income tax base.



(3) the monthly reserve is equal to the proportion of the total amount of the reserve and the number of

months have passed since the first day of the tax period in which the

the repayment obligation formed the first payment of the allowance, to the end of the period

depreciation of tangible assets, which is part of the solar panel.



(4) the creation of reserves for the tax period is the product of the amount of the monthly

the reserve and the number of months in the period in which they are

the conditions for the creation of reserves.



§ 11 c



Special provisions for the reserve on the management of electronic waste from the

solar panels placed on the market before 1 January 1998. January 2013



(1) where a taxpayer the fact to justify the change in the amount of the reserve,

must adjust its amount, starting with the tax period in which the

the fact it finds.



(2) if the disposal of solar panel, part of the reserve

concerning the likvidovaného Panel in the taxable period during which the operator

the collective system shall submit to the financial settlement of the operators of the solar

the plant, in which this exclusion takes account. ".



Article. (VI)



Transitional provisions



1. for the fiscal obligations for reserves for the tax period that began

before the date of entry into force of this law, as well as the rights and obligations with

them, shall apply Act No. 593/1992 Coll., as amended effective

before the date of entry into force of this Act.



2. The provisions of section 4, paragraph 4. 1 and section 11a to 11 c of Act No. 593/1992 Coll., on the

the texts of the effective date of the entry into force of this law, you can use already

for the taxable period beginning in 2015.



3. In making provision for the handling of electronic waste from solar panels

for the taxable period beginning in 2015 or 2016 can include

the amount of the reserves attributable to the month of the tax period which began in the

2014 or 2015, in which the conditions for the creation of

reserves in accordance with Act No. 593/1992 Coll., as amended by the date of entry into force of

of this law.



PART THE FOURTH



Amendment of the Act on Auditors



Article. (VII)



Act No. 93/2009 Coll. on Auditors and amendment of certain laws (the law on the

Auditors), as amended by Act No 227/2009 Coll., Act No. 139/2011 Sb.

Act No. 188/2011 Coll., Act No. 420/2011 Coll., Act No. 428/2011 Sb.

Law No. 458/2011 Coll., Act No. 52/2012 Coll., Act No. 167/2012 and

Law No. 334/2014 Sb, is hereby amended as follows:



1. In section 2 (a). and the words "proper) and the extraordinary accounts of ^ 2)

or consolidated accounts ^ 3), if such verification requires

other legislation; where appropriate, verification of interim financial statements the ^ 5) "

replaced by the words "the accounts or the consolidated accounts, whether

give a true and fair view of the accounting books in accordance with the laws

provisions and the relevant financial reporting framework, on the basis of the

annual accounts or consolidated accounts prepared ".



Footnote No. 2, 3 and 5 shall be deleted.



2. In section 2, letter a) the following new subparagraph (b)), which read:



"(b)) the verification of the annual report or the consolidated annual report verification

whether the information contained in the annual report or the consolidated annual report

that describe the facts, which are also reflected in the accounting

accounts or the consolidated accounts, are, in all material

respects, in accordance with the relevant financial statements or consolidated

financial statements, ".



The former subparagraph (b)) to q) shall become point (c)) to r).



3. In section 2, at the end of the letter r) dot is replaced by a comma and the following

letter s) is added:



"the consolidating accounting unit with) an entity that is a business

companies and is a controlling person, with the exception of persons controlling, which

exercise common influence. ".



4. § 2a, including the title.



5. In section 2b, paragraph. 2, after the words "public limited company", the words

"or a European company".



6. In section 2b, paragraph. 3, the words "acting on behalf of" shall be replaced by "it

He represents ".



7. In section 20 (2). 1 (a). and point 1):



' 1. the name, address of the seat or the entrepreneur's home address, if different from the

the address of the registered office at the audited financial unit that is a natural person

or a foreign physical person, or the name and address of the registered office of the audited

the business unit, which is a legal person, a foreign legal

person, branch or organizational component, the identification number of the person

is assigned to the business unit and ".



8. In section 20 (2). 1 (a). (c)), the words "the relevant legislation and

accounting standards "shall be replaced by the words" legislation and the competent

framework of financial reporting on the basis of the financial statements or

the consolidated financial statements have been prepared. "



9. In section 20 (2). 1 (a). (d)), the word "appropriate" shall be replaced by

"necessary" after the word "State" shall be inserted the words "or auditor

and such notice shall be deemed to be significant ", the words" and

the fact "shall be deleted, the words" unlimited "shall be replaced by the word

"continuous" and the words "due to the financial situation of the business unit"

shall be deleted.



10. In section 20, at the end of paragraph 1, the period is replaced by a comma and the following

the letters e) and (f)) are added:



"(e)), in which the auditor shall clearly state whether the information contained in the

the annual report or the consolidated annual report, which describes the

the facts, which are also reflected in the financial statements or

the consolidated financial statements, in all material respects, in

accordance with the relevant financial statements or consolidated

statements,



(f)) of the auditor under section 20b, has made such a validation. ".



11. In § 20 paragraph 2 is added:



"(2) if the auditor Verifies the accounts or the consolidated

accounts of the accounting unit that prepares an annual report or

the consolidated annual report, an annual report is required to verify or

consolidated annual report. ".



12. In section 20 (2). 5, the word "statutory" is deleted.



13. In section 20, the following paragraph 6 is added:



"(6) where the auditor report on the verification of the consolidated accounts,

that is accompanied by accounts of the consolidating accounting unit,

the auditor's report can be linked. ".



14. In section 20a, paragraph. 3 for the letter a) insert a new subparagraph (b)), which read:



"(b)), the Executive Committee and the President of the Chamber for the purposes of the performance of activities

stored this Act, ".



Letters b) to (g)) are renumbered as paragraphs (c) to (h)).)



15. the following section is inserted after section 20a, 20b, including title:



"§ 20b



Additional requirements for the verification of the annual report and the consolidated annual

messages



Verifies if the auditor of the annual report, or the consolidated annual report

the business of the company, the auditor



and express) is also whether the annual report or the consolidated annual

the report was prepared in accordance with the law,



(b)) also indicate whether, on the basis of the knowledge and awareness of the business establishment, to

that came when carrying out a statutory audit, the annual report or

the consolidated annual report does not contain significant factual inaccuracies;

If the Parliament considers that the annual report or the consolidated annual

the report contains significant factual inaccuracies, stating their nature. ".



16. the Above designation section 44 shall be inserted before the heading "audit committee".



17. section 44 reads as follows:



"§ 44



(1) public-interest entity audit committee is hereby established, hereinafter

unless otherwise provided for. The audit committee has at least 3 members, unless otherwise provided in

the establishment of legal negotiations the number higher.



(2) the highest authority of the public-interest entity shall appoint the members of the Committee for

audit of non-executive members of the inspection authority or of third parties. If

the highest authority of the public-interest entity fails to appoint the members of the Committee for

audit, or does not have a public-interest entity the highest authority, are members of the

non-executive members of the audit committee of the supervisory authority. If the number of

non-executive members of the supervisory body is sufficient to populate the

the minimum number of members of the audit committee, make up their number of third

persons nominated by the supervisory body. The Chairman of the audit committee must be

independent.



(3) a majority of the members of the audit committee must be independent and professionally

eligible.



(4) at least one member of the audit committee must be a person who is or

the statutory auditor, or a person whose knowledge or previous

practice in the field of accounting, provide presumption of proper exercise features

Member of the audit committee, with regard to the sectors in which the entity

the public interest; This member must be independent.



(5) a technically competent Member of the Committee, in addition to the persons referred to in paragraph

4 the person who for at least two years



and he held an executive management position) in the business unit, which operates in the

the same industry as public-interest entity, or



(b)) was responsible for the performance of the risk management function, evaluation of compliance

activities with legislation, internal audit, or insurance

a mathematical function or other similar functions.



(6) the public-interest entity shall publish on its website

list of the members of the audit committee; for these persons, that such information shall

the members of the supervisory authority shall be entered in the commercial register. ".



18. under section 44, the following new section 44a to 44 c shall be inserted:



"§ 44a



(1) without prejudice to the responsibility of the members of the management or supervisory bodies

or other persons appointed by the highest authority of the public body

interest, in particular, the audit committee




and monitors the effectiveness of the internal control), risk management system,



(b) monitor the effectiveness of internal audit) and ensures its functioning

independence, if the established internal audit functions; internal audit is a

the audit committee in this case are functionally subordinate,



(c)) shall monitor the progress of compiling the financial statements and the consolidated

statements,



(d) the Auditors of the inspection body) it is recommended that this recommendation

duly justified,



(e) assessing the independence of the statutory auditor), and audit firms

and the provision of ancillary services in the public interest, a statutory body

Auditor and audit firm,



(f) monitor the statutory audit process).



(2) a subject of public interest, proposes to the firm or

the statutory auditor of the executing the audit activity of the own

name and on its own account, the authority competent to determine the auditor inspection

authority; in doing so, shall take into account the recommendations of the audit committee. Propose-if

the inspection authority of the statutory auditor or audit firm

executing audit activities on their own behalf and on their own account

other than the one that was recommended by the Committee for the audit, is such a proposal

the competent authority shall determine the auditor's duly substantiated, in particular

shall state the reasons for deviated from recommendations of the audit committee.



(3) the statutory auditor or audit firm is continuously served

the audit committee reports on relevant events resulting from

the statutory audit, in particular on material weaknesses in internal control

in relation to the compilation of the accounts or the consolidated

of the financial statements.



section 44b



(1) public-interest entity which is a bank according to the law governing the

the activities of banks, savings and cooperative úvěrním under the law governing the

the activity of the savings and credit cooperatives, by the insurance undertaking or the reinsurance undertaking

or pension companies according to the law governing pension saving

or supplementary pension savings, may not have established the audit committee,

If



and not the person) has released the investment securities which were

admitted to trading on a regulated European market,



(b)) has elected one-tier system the internal structure of the company, where

Chairman of the Administrative Council is a statutory Director,



(c)), at least one member of the inspection body fulfils the conditions provided for in § 44

paragraph. 4 and



(d)) to the balance sheet date, for the immediately preceding financial year

meets at least 2 of the following 3 criteria:



1. the average number of employees during the accounting period is lower than the

250,



2. total assets do not exceed EUR 43 0000 0000,



3. annual net turnover not exceeding EUR 50 0000 0000.



(2) If a public-interest entity referred to in paragraph 1, the Committee has not established the

for the audit, the audit committee carries out activities of its supervisory authority.



(3) where the body of public interest referred to in paragraph 1 is not set up

the audit committee, shall publish on its website, which the authority

performs the functions of the audit committee and the names of the persons who are its members, and

stating the reasons for the nezřízení of the audit committee.



(4) if the entity has not established the public interest referred to in paragraph 1, the Committee for

the audit, the statutory auditor or audit firm to their

obligations under section 44a of the paragraph. 3 to the inspection authority.



§ 44 c



(1) the audit Committee also establishes an entity that is



and business corporations under the Act) of the business corporations, which is

great accounting unit and in which the State, territorial

all voluntary self-governing municipalities, or municipal master

the city of Prague is treated separately or together with another business

component of the State, local government, voluntary total volume of municipalities

or the urban parts of the capital city of Prague, the share of voting rights

representing more than 50% of all votes cast in the commercial corporation,



(b)) under the law on business corporations, business corporations, which is

the consolidating accounting unit, on a consolidated basis

at the balance sheet date exceeds at least 2 border values listed in section 1b

paragraph. 3 of the Act on accounting, and in which the State

territorial self-governing unit, a voluntary part of the municipalities or municipal

the capital city of Prague is treated separately or together with another

the organizational component of the State, local government, voluntary total

the volume of the municipalities or other urban parts of the city of Prague

voting rights representing more than 50% of all votes in the business

Corporation,



(c)) under the law on State Enterprise State enterprise, which is a great

accounting unit



(d)) State Organisation railway infrastructure administration according to law

governing the establishment and operation of the railway administration, State Organization

the transport route, or



e) business corporations act business corporations, which is

a great company, if its controlling entity

referred to in points (a) to (c))), if so its controlling person.



(2) the entity referred to in paragraph 1 shall apply mutatis mutandis to section 44 and

44a. ".



Article. (VIII)



The transitional provisions of the



Statutory audit started and unfinished before the entry into force of this

the law shall be completed in accordance with Act No. 93/2009 Coll., as amended, effective from the date of

the entry into force of this law.



PART THE FIFTH



The EFFECTIVENESS of the



Article. (IX)



This law shall enter into force on 1 January 2005. January 2016.



in from Arvind at r..



Zeman in r.



Sobotka in r.