David Krch

Practice Areas:

Tax law

David Krch is a founding partner of HAVEL & PARTNERS Tax s.r.o., which he founded under the corporate name TAX ADVISORY SERVICES s.r.o. more than 17 years ago after gaining ample practical experience in the tax department at PricewaterhouseCoopers.

David has long-standing practical experience in comprehensively representing foreign corporations doing business in the Czech Republic. He provides a full range of services to clients in respect of corporate income tax and value added tax (in local as well as international context), including representation of corporations with long-term presence in the Czech market, assistance with one-off projects, and due diligence upon entry of new investors to the Czech market. David has 21 years of experience in the area of taxation of foreign companies with long-term presence in the Czech Republic (out of that four years of practice in the tax department of PricewaterhouseCoopers).

David has also been instrumental in numerous projects involving mergers and acquisitions and their financing in the Czech Republic, in which he participated in collaboration with leading law firms in the Czech Republic on the buyers’ as well as the sellers’ side. Another important area of his practice includes investment incentives, where he has on a long-term basis represented major investors, mainly in the automotive industry; he actively cooperates in this area with CzechInvest, the Czech Ministry of Finance, and the Czech Ministry of Industry and Trade.

Industry-wise, David primarily focuses on automotive industry, pharmaceutical industry, electronic services and the media. He has for several years represented automotive manufacturers in the Czech Republic (manufacturing plants from foreign countries), local branches of manufacturers representing brands in the Czech market (importers of vehicles), financing (leasing) companies of car manufacturers, dealerships, and several manufacturers of automotive components. During his previous practice at PricewaterhouseCoopers and in his current practice, David also represents major pharmaceutical companies and their Czech branches in all areas of taxation. He also provides day-to-day comprehensive advice to a major TV company, and to a major player in the field of online intermediation of services.

Membership in professional associations

Czech Chamber of Tax Advisers (KDPČR)
Value Added Tax Section of KDPČR
International Taxation Section of KDPČR

Languages
Czech, English, French, German (passive knowledge)

Education

University of Economics in Prague, Faculty of Economics, Prague (2004), Ing. (Master’s degree)

Examples of tax advisory services

comprehensive representation of 3 manufacturers/importers of automobiles and 2 manufacturers/importers of trucks for the Czech market in all areas of taxation
comprehensive representation of clients during tax inspections concerning corporate income tax and VAT
securing communication and coordination of tax issues with foreign corporations’ headquarters (in particular for transfer pricing, and identified tax risks necessitating corrective measures)
assistance in setting up new supplier-customer arrangements
assistance in dispute resolution within existing supplier-customer arrangements, including communication with legal and tax advisers of the counterparty
communication with the Czech Ministry of Finance and the General Financial Directorate while handling issues that are extraordinarily complex in terms of interpretation; concurrent communication with the Ministry of Industry and Trade in respect of investment incentives
involvement in the preparation of corporate income tax returns (in particular consistent reviews of outputs and corporate income tax returns)
involvement in transfer pricing projects, especially updates
representation of clients in professional chambers in connection with tax issues
coordination of tax issues with auditors, legal counsels, contractors, and R&D advisers etc.

Publications and newsletters

Sale and leaseback and VAT as of 1 April 2022
Authors: David Krch, Martina Sumerauerová, Kristýna Šlehoferová 1 April saw the publication of t… read more »

Abolishment of the road tax for all vehicles up to 12 tons of weight
Authors: David Krch, Martina Sumerauerová, Zuzana Zavadilová As you have probably noticed in the… read more »

Charitable Support to Ukraine and Taxes in Light of the Recently Announced Amendment to the Income Tax Act
Authors: David Krch, Kateřina Havlínová, Jan Macháček In connection with the conflict in Ukraine… read more »

VAT and paybacks provided to health insurance companies
Authors: David Krch, Václav Audes, Vlaďka Laštůvková We would like to take this opportunity to i… read more »

Are the changes in investment incentives about to bring new investment?
Authors: David Krch, Kamila Chládková Up until the summer of 2019, incentives were a popular too… read more »

What’s New in 2022/2021 Taxes - What You Should Pay Attention to Not Only with the New Year Coming
Authors: David Krch, Kamila Chládková Although there are not many changes for 2022, let us brief… read more »

The Supreme Administrative Court annulled the obligation to pay additional VAT in the Czech Republic on the consideration for marketing services provided abroad in connection with the distribution of medicinal products
Authors: David Krch, Vlaďka Laštůvková At the end of this November, the Supreme Administrative C… read more »

Dawn raids carried out by the tax administrator at the place of residence of an employee, an executive director or an entrepreneur - work from home, on-site investigation and “legitimate” requirements of the tax administrator
Authors: David Krch, Martina Sumerauerová, Alice Zemánková Much has already been written in conn… read more »

VAT updates in e-commerce
Authors: David Krch, Kristýna Šlehoferová An amendment to the VAT Act in e-commerce is expected … read more »

This year’s news on the deadlines for filing personal income tax returns and reports by self-employed persons
Authors: David Krch, Martina Jelínková An amendment to the Tax Procedure Code valid from 1 Janua… read more »

Personal income tax rate of 23% introduced
Authors: David Krch, Josef Žaloudek, Martin Bureš We would like to remind you that the… read more »

Some changes in income tax with an international element
Authors: David Neveselý, David Krch, Josef Žaloudek As a follow-up on our previous Tax Flash on … read more »

DIGITISATION OF ACCOUNTING AND TAX DOCUMENTS UNDER THE APPLICABLE LEGISLATION
Authors: David Krch, Jaroslav Šuchman, Martina Sumerauerová Thanks to the development of IT tech… read more »

The court laid down a duty to pay VAT in the Czech Republic from the marketing services payment made abroad in connection with the distribution of medicinal products
Authors: David Krch, Vlaďka Laštůvková Recently, a debate has been sparked in the pharmaceutical… read more »

Cancelation of the real estate acquisition tax
Authors: David Krch, David Neveselý, Josef Žaloudek Dear Clients and Business Partners, Act N… read more »

Aid to self-employed persons – Compensation bonus II
Authors: David Krch, Josef Žaloudek Dear Clients and Business Friends, We follow up on our pr… read more »

Support for self-employed persons hit by the COVID-19 outbreak
Authors: David Krch, Josef Žaloudek Dear Clients and Business Friends, We write to… read more »

“Liberation Tax Package 2”, and other governmental measures and regulations
Authors: David Krch, Martin Bureš, Lucie Čirková Dear Clients, Dear Business Friends, We bri… read more »

What are the impacts of the Liberation Tax Package?
Authors: David Krch, Josef Žaloudek, Martin Bureš Dear clients and business partners… read more »

Membership in professional associations

Examples of tax advisory services

Press releases

Publications and newsletters

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