Prague – The European Commission has turned down the application of Finance Minister Andrej Babis for reverse charge extension by VAT, Babis wants the extension as an instrument for prevention of tax evasion, Czech public radio station Radiozurnal announced.
Source: EC rejects CR´s application for reverse charge extension by VAT – ČeskéNoviny.cz
Latest Posts in "Czech Republic"
- Czech Republic Issues New VAT Guidance on Real Estate Effective July 2025
- Czech Republic Plans Simpler Electronic Sales Reporting System, New Tax Credits, Effective 2027
- Czech Tax Authority: No VAT Deduction for Previous Period via Additional Return After Receiving Document
- Czech Republic to Launch EET 2.0 Real-Time Revenue Reporting from 2027 for Enhanced Tax Compliance
- EU Court Clarifies VAT Deduction Timing When Invoice Received After Taxable Supply but Before Filing
