Czech Republic bid to introduce generalised temporary reverse charge (GRCM) during 2020

5 February 2019

During January 2019, the Czech Republic requested to be the first EU member state to introduce the generalised reverse charge mechanism (GRCM) on domestic supplies undertaken in the country.

The GRCM was introduced by the European Union in an effort to combat VAT fraud and allows EU member states most severely affected by fraud to apply a GRCM to transactions above a value of €17,500.  For full detail of how the GRCM works please refer to our previous article here.


Find out more about VAT in Czech Republic
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