VAT News – May Edition
What tax treatment will be applied to meal vouchers? And on what tax-related cases has the Court of Justice of the European Union recently issued its rulings? Read the article to find the answers to these quest…
VAT news in April
The Czech Tax Administration published an overview of most changes introduced by an amendment to the VAT Act. Case C-201/18 Mydibel assessing sale and lease back transactions in terms of VAT may have significan…
Changes relating to customs guarantees for temporary storage and special customs procedures – VAT will no longer be secured
On 15 March 2019, the President of the Czech Republic signed an act amending certain tax laws (the “tax package”). The package includes the long-awaited amendment to the Customs Act providing guidance on securi…
VAT news – March
The Ministry of Finance of the Czech Republic has started working on the transposition of the EU Council’s Directive and Regulation that substantially amend the terms of cross-border trade in goods within the E…
The Final Version of the Tax Package has Been Approved
In general, the changes introduced by the tax package are expected to come into force on 1 April 2019; however, in certain situations, it is necessary to verify whether special effectiveness rules or transition…
January VAT news
VAT Rates for public transport, general reverse-charge regime directive or surprising rules of the Court of Justice of the European Union. These are January VAT news.
Technical amendment to the VAT Act – passed by the Chamber of Deputies
The Chamber of Deputies passed a technical amendment to the VAT Act in the third reading.
VAT Control Statement has been in operation for almost three years. Did it prove itself in practice?
When the VAT Control Statement was introduced in 2016, many feared the changes that were linked to this new tax report. The transition to the VAT Control Statement that each VAT payer must provide along with th…
Current information on the debate on the tax package
The tax package will not be approved by the end of the year, the tax changes will therefore not be effective from the New Year.