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
Nova Scotia to decrease its standard Harmonised Sales...
From 1 April 2025, the Canadian province of Nova Scotia will reduce the HST rate applied in the province from 15% to 14%. There are no other HST rate changes...
SEE MORE
LATEST NEWS
European Commission publishes 2025 Work Programme...
The European Commission recently published its 2025 Commission Work Programme outlining progress on the 2028 Customs Reforms, including a new EU Customs...
SEE MORE
LATEST NEWS
EU Parliament gives approval to VAT in the Digital Age...
During February 2025 the European Parliament approved the Draft Council directive relating to the VAT in the Digital Age reforms (ViDA). This follows...
SEE MORE