30 September 2016
From 1 October 2016 a new domestic reverse charge rule will be introduced on the wholesale of telecom services in the Czech Republic.
This measure will mean that the providers of telecom services will no longer have to charge VAT on their supplies to other business customers, as it will now be the business customer’s responsibility to account for it.
It is hoped that by introducing this new measure it will help to reduce VAT fraud in the wholesale telecoms sector.
LATEST NEWS
Bahrain increases VAT rate to 10%
From 1 January 2022, Bahrain has announced that it will increase its VAT rate from 5% to 10%. This VAT rate increase is being introduced to re-stabilise the...
SEE MORE
LATEST NEWS
UPDATE: Bulgaria extends the VAT rate reduction to 9%...
The Bulgarian tax authorities have confirmed that the VAT rate applicable on the following goods and services will remain at 9% until after the COVID-19...
SEE MORE
LATEST NEWS
New German coalition government announces intention to...
The German government has announced that it intends to implement a mandatory B2B e-invoicing regime in the country. The new voluntary regime will allow...
SEE MORE