The KPMG member firm in the Czech Republic prepared reports about the following developments relating to value added tax (VAT) (read more at the hyperlinks provided below):
- Clarifications regarding changes to VAT Act for real estate
- Right to deduct input VAT for advertising services
- Government draft consolidation package creates double VAT for car leases
Source: KPMG
Latest Posts in "Czech Republic"
- Ministry of Finance Submits Draft VAT Act Amendment to Transpose ViDA Rules
- EU Court: VAT Deduction Pro Rata Excluded if Equipment Used Only for Exempt Activities
- Draft EET 2.0 Amendment Introduces Earlier VAT Corrections for Bad Debts and Expands Reduced VAT Rate for Catering
- Finance Ministry Proposes Reduced VAT Rate for Non-Alcoholic Beverages in Catering from 2027
- Implicit VAT Assessment Allows Later Reassessment and Penalty Within Limitation Period, Court Rules
