Some countries within the EUROMED region (Europe and the Mediterranean region), which allow each other zero-duty trade on the basis of preferential origin, are adopting more modern rules of origin, referred to as “transitional”, from September 2021. The EUROMED region’s preferential rules of origin are historically based on the PEM Convention. The transitional rules of origin are more lenient for most types of goods. They are currently applied by around 20 countries, and more countries intend to adopt them in the future.
Source Deloitte
Latest Posts in "Czech Republic"
- EET 2.0: New Cash Register Rules, Exemptions, and Benefits for Businesses and Employees from 2027
- VAT Rules for Real Estate Sales: Substantial Changes, Social Housing, and Taxation Options Explained
- EGC VAT T-53/26 (Central Europe Mark) – Questions – Examination of Tax Neutrality and Proportionality in Securing VAT Payments Without Interest Compensation
- VAT Deduction Cannot Be Claimed Retroactively via Additional Tax Return Without Tax Document
- Czech Republic Plans EET 2.0, VAT Cuts, and Tax Exemptions for Hospitality Sector from 2027
