VAT news [April 2023]
The General Financial Directorate is preparing changes to the information on the application of VAT in the field of real estate. In addition, it intends to issue information on the determination of the tax base…
Use of camera recordings of the Police of the Czech Republic in tax proceeding
Last year, we informed you of a judgment in which the Supreme Administrative Court upheld the legality of the use of evidence of the movement of a motor vehicle recorded by the Police that the Tax Administrator…
Criminal judgment as evidence in tax proceedings
In a recent judgment in Case No. 6 Afs 125/2021, the Supreme Administrative Court (“SAC”) dealt with the question of when the tax administrator is bound by a criminal court judgment and when it is not bound by …
VAT news [February 2023]
The amendment to the VAT Act, which will bring, among other things, a set of new obligations for financial institutions making cross-border payments, has been delivered to the Chamber of Deputies. Since January…
VAT news [January 2023]
The General Financial Directorate has published two key pieces of information relating to the current amendment to the VAT Act. The Ministry of Finance has published in its newsletter a new methodology for the …
Change of the deadline for submitting a subsequent VAT control statement at the request of the tax authority
The major amendment to the tax laws, which comes into force on 1 January 2023, has attracted attention in particular due to the introduction of the windfall tax and the increase in the limit for VAT liability. …
The 2023 tax package including the windfall tax was published in the Collection of Laws
The act amending the area of taxation (i.e. the 2023 tax package), including the newly implemented windfall tax, was published in the Collection of Laws under no. 366/2022 Coll. on 2 December 2022 and will beco…
Amendment: Changes in the taxation of individuals and new rules for VAT
From 1 January 2023, a new amendment of the Income Tax Act and VAT Act and other related acts should come to force. A draft amendment to the Income Tax Act has been approved by the Chamber of Deputies and has r…
VAT news [November 2022]
The amendment to the VAT Act is currently pending approval in the Senate. The EU Commission requires the Member States to regulate the application of VAT on payments by fuel cards. The Court of Justice of the E…