30 August 2016
As of 29 June 2016 the Czech Republic introduced a new reverse charge mechanism on the domestic supply of goods from non-resident businesses to Czech VAT registered companies. This new reverse charge rule will mean that businesses outside of the Czech Republic will not need to get VAT registered when only making Czech domestic supplies, instead their customers will have the requirement to account for the VAT in their own returns.
The new rules will not affect businesses that were VAT registered before the 29 June 2016 as they will still have the requirement to account for Czech VAT on their supplies. These businesses do however have the option to de-register for VAT purposes within six months from the date that this was implemented, but only if their sales of goods take place in the Czech Republic to Czech VAT registered businesses.
LATEST NEWS
Belgium to cut e-book VAT rate from 1 January 2022
From 1 January 2022, the Belgium tax authorities have confirmed that the VAT rate on the sale of e-books, e-manuals, e-newspapers, and e-magazines sold online...
SEE MORE
LATEST NEWS
Ukraine to apply VAT on digital services from January...
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...
SEE MORE
LATEST NEWS
Does a UK e-commerce business need an IOSS...
From 1 July 2021, the EU’s new e-commerce VAT reforms will be introduced allowing sellers to no longer pay import VAT at clearance on low-value consignments...
SEE MORE