VAT in Czechia (The Czech Republic) was introduced in 1993 and is directly administered by the Ministry of Finance. The local name of the VAT is Daň z přidané hodnoty (DPH), while its legislative framework is mainly included in two Acts:
a) Act No. 235/2004 (VAT Act), which consist of the basic definitions, registration rules, taxable transactions, exemptions and many other important information;
b) Act No. 280/2009 (Tax procedural code), which regulates the procedural side of tax law (e.g. tax audit process, registration procedure, penalties and others).
Source Taxbackinternational
Latest Posts in "Czech Republic"
- New VAT Rules for Real Estate Sales 2025: Limits and Mandatory Registration
- New VAT Rules for Real Estate Sales: Key Changes Effective from 2025
- 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
