VAT news [June 2022]
The Coordination Committee of the GFD and the Chamber of Tax Advisors of the Czech Republic has adopted a decision on the tax treatment of prematurely terminated energy supplies in the event that one of the par…
SAC: The objective of business is not an unlimited gathering of evidence for tax proceedings
In a recent judgment, the Supreme Administrative Court (“SAC”) heard a case proving the right to deduct VAT on purchased cleaning services and guarding. Beyond the unreviewability of the Regional Court’s judgme…
VAT news [April 2022]
The Coordination Committee of the Czech Chamber of Tax Advisors and the General Financial Directorate drew conclusions on distraints and deductions from salaries, leaseback issues and services provided by munic…
Beware of fines related to VAT control statements
The Regional Court in Prague has recently issued a judgement favourable to VAT payers on fines for VAT control statements. In the judgement 43 Af 6/2020-37, the court assessed whether submitting the control sta…
VAT news [March 2022]
In the March VAT news, you will learn what rules for tax relief apply to the supply of goods in connection with the humanitarian crisis in Ukraine, what tax rates contact lenses are subject to according to the …
VAT news [February 2022]
Should the compensation of cost incurred in connection with wage deductions of employees under enforcement proceedings be subject to VAT? How should leasebacks be regarded from the VAT perspective? Should the s…
New Intrastat. What to prepare for from January 2022?
From changes in terminology to reporting new data – these are, in brief, the changes in Intrastat reporting for 2022 that will affect both accounting systems and the possibility to remit sanctions. How to prepa…
VAT news [December 2021– January 2022]
Following the decision of the Minister of Finance regarding the billing of electricity and gas in relation to VAT remission, the General Financial Directorate has issued a clarifying supplement. The supplement …
Fundamental Judgement of the Supreme Administrative Court for the Pharma Industry
At the end of November, the Supreme Administrative Court published a breakthrough judgment for the pharmaceutical sector in case 3 Afs 54/2020-73 Eli Lilly. That judgment concerned the provision of marketing se…