Czech Republic: Proposed VAT law changes | KPMG | GLOBAL

Czech Republic: Proposed VAT law changes

Czech Republic: Proposed VAT law changes

A draft amendment to the value added tax (VAT) law in the Czech Republic would make changes to the VAT rules. If enacted, the measures would be effective beginning 1 January 2017.


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Among the proposals are provisions providing for the repeal of the special rules that apply for partnerships, extending the reverse-charge mechanisms, and introducing a new type of taxable entity—an “unreliable entity.”


Read an April 2016 report [PDF 380 KB] prepared by the KPMG member firm in the Czech Republic 


Other topics discussed in this report address:

  • The first VAT ledger statements have been submitted and provide data for the tax administration
  • The General Financial Directorate position on gratuitous income
  • State aid for research and development
  • Changes in the labor law have been proposed
  • A decision of the Supreme Administrative Court on the nature of tax penalties

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