- Draft amendments to VAT law in Czech Republic proposed for 1 January 2025
- Transpose EU directives and respond to CJEU rulings
- Proposed changes include narrowing exemptions for financial activities
- Removal of certain activities from list of VAT-exempt financial activities
- Changes to deadlines for claiming right to deduct VAT
- Introduction of small business regime
- Changes to compulsory registration and corrections of tax base relating to irrecoverable receivables
- Changes to supply of immovable property
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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