- The amendment to the VAT Act, under which the limit for registration as a taxpayer should be increased from 1 January 2023 (from the current CZK 1 million to CZK 2 million for twelve consecutive months), is still in the middle of the legislative process.
- it is possible that from January 2023 a reduced VAT rate of 10% will be newly applied to the supply of fruit and vegetables. On the other hand, sweetened beverages could be reclassified as goods subject to the standard rate of tax.
Source Deloitte
Latest Posts in "Czech Republic"
- Overview of EET 1.0, Its Abolishment, and Introduction of EET 2.0
- Czech Republic Updates VAT and Tax Rules for App-Based Transport Providers, Effective January 2025
- GFD Issues Updated Tax Guidance for Mobile Transport Service Providers, Effective January 2025
- Comments on ECJ case C-796/23: AG Opinion – Separate Legal Entities Must Act Independently to Be Separate VAT Taxable Persons
- SAC Clarifies VAT Rules for Building Land Sales Before and After July 2025 Law Change
