VATupdate

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Czech Republic Announces New VAT Rules for Nonresidents, Effective January 1

  • New VAT obligations for nonresidents in the Czech Republic effective January 1
  • Nonresidents must choose an authorized agent for service
  • Information provided on who can be an authorized agent
  • Nonresidents must provide an email address in the VAT registration application
  • If a nonresident has a data box in the Czech Republic, choosing an agent is not required
  • A new agent must be chosen within 30 days if authorization expires or data box is inaccessible
  • Failure to appoint an agent may result in daily fines of 1,000 Czech koruna starting October 1 after a transitional period ending September 30

Source: news.bloombergtax.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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