Sale of Land Treated as Sale of Goods for VAT Purposes; No Reverse Charge for Supplies of Moveable Items

The KPMG member firm in the Czech Republic prepared reports about the following decisions of the Supreme Administrative Court relating to value added tax (VAT) (read more at the hyperlinks provided below):

• Calculation of reduction coefficient upon sale of land
• Application of reverse charge to supplies of movable items when providing construction or assembly work

Source: KPMG