Czech Republic: Proposed VAT rate reduction | KPMG | BE
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Czech Republic: Proposed VAT rate reduction, certain goods and services

Czech Republic: Proposed VAT rate reduction

A draft proposal would amend the value added tax (VAT) law to address the treatment of payments made by debit or credit cards and the electronic reporting of sales, and to reduce the rate of VAT for certain goods and services.

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The Constitutional Court issued a judgement that effectively excluded payments by debit or credit cards from the electronic reporting of sales. A proposed amendment would address this court decision.

Another proposal would make certain goods and services subject to the “second reduced” rate (10%) of VAT. These would include catering services (except for the sales of tobacco products and alcoholic beverages, but draught beer is proposed to be transferred to the 10% rate). Specific crafts and professional services, water and sewerage fees, and cut flowers would also be subject to the lower VAT rate. 

 

Read a May 2018 report prepared by the KPMG member firm in the Czech Republic

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