Legislation enacted in the Czech Republic requires businesses and entrepreneurs to comply with rules for mandatory electronic reporting of sales (in particular, businesses that were previously exempted from these requirements will be subject to these rules). The last step of the phased-in compliance with the requirements for mandatory electronic reporting of sales is expected to begin in May 2020.
Source: KPMG
Latest Posts in "Czech Republic"
- Czech Court Upholds Tax Penalty Over Restaurant Sales Record Discrepancies
- Czech Tax Authority Clarifies EET 2.0 Rounding Rules for Cash and Card Payments
- Czech Republic Revives EET 2.0 to Fight VAT Fraud and Simplify Tax Reporting
- SAC Tightens VAT Deduction Proof Rules, Rejects Cyberattack Evidence Excuse
- 2025 Foreign VAT Refund Applications: Electronic Submission Deadline Approaches
