VAT news [November 2024]
The amendment to the VAT Act has advanced from the Chamber of Deputies to the Senate. A coordination committee of the General Financial Directorate (GFD) and the Chamber of Tax Advisers of the Czech Republic (K…
VAT news [October 2024]
The amendment to the VAT Act for 2025 is awaiting its third reading in the Chamber of Deputies. The Court of Justice of the European Union has ruled on the issue of claiming a deduction after the expiry of the …
VAT news [September 2024]
The forthcoming amendment to the VAT Act has passed its second reading in the Chamber of Deputies. The General Financial Directorate plans to publish guidelines on the application of VAT for fuel payments made …
VAT news [June 2024]
What changes will the amendment to the VAT Act, which is currently being discussed in the Chamber of Deputies, bring? In which case is a receiving establishment created or not according to the decision of the C…
The SAC resolved a long-lasting uncertainty regarding the interest on withheld tax deductions
In its recent judgment, the Supreme Administrative Court (SAC) took up its preceding ground-breaking decisions regarding the tax deduction interest rate and responded to the probably last remaining question abo…
VAT news [May 2024]
The European Commission postponed VAT changes that were to become valid in 2025 for several years. The Court of Justice of the European Union clarified rules for the determination of tax base for internally dev…
E-invoicing postponed to 2030: Why you should not wait
On 14 May 2024, an amendment to the VAT Directive was discussed at the European Union level (ECOFIN). This amendment contains three main pillars aimed at modernising and simplifying the tax system in the EU. Th…
VAT news [April 2024]
The Ministry of Finance is working on an amendment to the VAT Act, which is expected to come into force on 1 January 2025. The Court of Justice of the European Union has expressed its opinion on the question of…
VAT news [March 2024]
In the March VAT News, we provide a comprehensive overview of noteworthy court decisions pertaining to VAT. For instance, the Court of Justice of the European Union has deliberated on the commencement of the ti…