- Limit for VAT registration will be increased to CZK 2 million: Czech Republic is permitted to exempt taxable persons with annual turnover below EUR 85,000 (rather than EUR 35,000) from VAT until the end of 2024
- DAC 7: Implications of new obligations for digital platform operators – Effective Jan 1, 2023
- Waiver of default interest on VAT granted (Supreme Administrative Court decision) – A waiver of default interest is a privilege for those who cooperate with the tax administrator and act honestly, fairly, and in a sincere effort to correct their mistakes
- SAC: Questions surrounding VAT treatment of promotional events
- VAT perspective on early termination of energy supplies – The compensation for the early termination of energy supplies or the failure to deliver an agreed quantity is considered the provision of a service and therefore a taxable supply
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
