General Financial Directorate prepares extensive changes to information on VAT in the real estate sector

According to preliminary statements of the responsible officials, the interpretation of the law should not change conceptually. However, in the course of the discussion, it became clear that the General Financial Directorate interprets some issues in a way that is not in line with the case law of the CJEU. It is, therefore, possible that the upcoming information could describe some concepts (e.g. ‘building plot’, ‘functional unit’ or ‘residential space’) in a new way.

Source: dreport.cz

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