On 1 January 2020, an amendment of the EU VAT Directive entered into effect; it brings, among other things, a change in the rules for reporting supplies to consignment warehouses. The change applies to taxpayers supplying goods to their customers to consignment warehouses located in other EU member states.
The Czech Republic has not yet completed the process of implementing the amendment, meaning that it is currently up to the taxpayers themselves whether they will follow it or whether they will adhere to the rules currently applicable in the Czech Republic.
Source: Deloitte
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