From 1 September 2020, after long delays in the legislative process, the rules for intra-Community trade in goods will be changed on the basis of the so-called quick fixes amendment to the VAT Act. Further legislative changes in the area of value added tax are not expected until 1 July 2021, when the procedures for selling goods to final customers should be significantly modified and new obligations for the so-called internet platforms should be introduced.
Source: Deloitte CZ
Latest Posts in "Czech Republic"
- Czechia Introduces VAT Deduction Reversal for Unpaid Invoices, Effective January 2025
- Czechia Uncovers €187 Million VAT Fraud Scheme in Electronics Trade; Seven Charged, Assets Seized
- VAT Group Registration Deadline Approaching – Apply by October 31, 2025
- EU Approves VAT Modernization: Electronic Invoicing and Digital Reporting by 2030
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
