-
The Czech Coordination Committee and GFD clarified that compensation for stolen goods is subject to VAT only if ownership rights are transferred and the compensation directly relates to those goods.
-
To qualify as a supply of goods, compensation must involve the transfer of disposal rights and a direct link to the delivery of the stolen goods, as agreed between parties.
Source: regfollower.com
Latest Posts in "Czech Republic"
- 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
- VAT in the Czech Republic – Comprehensive up to date guide
- Czech Republic Updates VAT Deduction Rules for Unpaid Debts Effective January 2025