VAT news [April 2026]
The General Financial Directorate disagrees with a judgment of the General Court of the Court of Justice of the European Union concerning the tax period in which the right to deduct VAT may be exercised. The Co…
Announcing the Czech Republic’s stance towards the EU’s proposals for digital economy taxation
The Ministry of Finance has published on its website a brief summary of the Czech Republic’s attitude to the proposals of the European Union concerning the taxation of so-called digital economy (we have discussed this topic in detail here).
The Czech Republic opines that any long-term measures in this area need to be addressed at a global level as part of the OECD; therefore, it does not consider the short-term taxation of profits within the EU by introducing an interim (indirect) tax to be a conceptual solution. Some other countries (including Ireland, Finland etc.) have a similar (i.e. negative) attitude to the presented proposals. We will keep you informed of further developments in this area.
The article is part of dReport – November 2018, Tax news; Grants and investment Incentives.
