Up to 70% of companies do not consider the risk of unconscious involvement in VAT fraud to be real. This leads to a lack of measures that would identify these risks and decrease their impacts. However, the consequences for the company can be catastrophic, as evidenced by the following experience.
Source: Deloitte
Latest Posts in "Czech Republic"
- ECJ Upholds Czech Joint VAT Liability in Fuel Fraud Case, Validates EU Law Compliance
- Obligation to Correct VAT Deductions on Unpaid Invoices Effective January 2025
- Czech Republic Enacts New VAT Rules for Unpaid Invoices Starting January 2025
- Czech Small Businesses Gain Flexibility with Quarterly VAT Returns Starting 2025
- Reminder: Submit 2024 EU VAT Refund Applications by September 30, 2025 Deadline
