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The purpose of the paper is to describe development in de lege lata regulation of the tangible assets tax depreciation in the Czech Republic. The period under consideration was that since 1990. For the period 1990-2009 the legal state valid and operative as of December 31^st of the relevant year and in case of the year 2010 as of the state valid and operative as of June 30^th were taken into account. To obtain information on relevant de lege lata regulation, the computerized system of legal information ASPI was used. The results of carried out comparison are presented above all in tables and connected commentaries.
Even if the attention was paid only to one main selected category of property, it was necessary to approach to a description and assessment of only selected changes because of the extensiveness of the issue in focus. At the very beginning, the paper deals with the specification of the basic legal principles governing the Czech law. Subsequently the paper gives a description of the legal regulation valid and operative until 31^st December 1992 and the way of transformation to new rules stated in the Act No. 586/1992 Coll., on Income Taxes, as amended. Since 1993, this Act on Income Taxes has represented the basic legal standard regulating among others the issue of property depreciation. In relation to regulations stated in this Act, the attention is paid to the development in selected aspects. Namely the depreciable period, number of depreciation categories, determination of depreciable tangible property according to Section 26 of the Act on Income Taxes, depreciation rates and coefficients are involved. Besides, the paper follows also the main means of tax liability optimization due the course of the period under consideration.
After consideration of acquired results, one can observe that the most changes were realized on the level of relevant provisions of the Act on Income Taxes during the nineties of the last century. When speaking of present legal regulation, this one can be assessed as a relatively steady in relation to followed provisions of the Act on Income Taxes. In general, the trend can be assessed, from the tax-payers point of view, as a positive one. However, taking account of this conclusion, it is to stress that the paper is dealing only with a part of the issue of tangible property depreciation. For deeper analysis it seems to be useful to include other aspects, such as e. g. assessment of impact of changes in legal regulations in question on the tax base.

Operation of a photovoltaic power plant by an individual is a business activity according to a special regulation. For this activity it is necessary to have a "Licence for doing business in energy sectors", which provides authorisation to do business in this sector and replaces the traditional Trade Licence. The Licence is issued by the Energy Regulatory Office, through which the Organisation Identification Number (Administrative Id. No.) is issued.
All these issues are however closely associated with the legislative environment, which is very unclear in the Czech Republic, and it is very difficult to estimate in what direction it will develop. In this connection it is appropriate to present a work definition of the term "legislatively uncertain environment". The issues connected with these topics can be divided into three areas, namely law, accounting and taxes. This environment is highly unstable for the decision making process of an individual, and it is not easy to determine whether the terms and conditions will remain as they are or if they are changed within several months, not speaking about the fact that the recent periods are characterised by the fact that the law regulations use more and more often the principle of retroactivity, and therefore it is not even clear whether the individual makes a decision in the conditions which are set at present or if he or she is retroactively hit by the changes which may be made during a few months and can have a fundamental impact on the individual concerned.