Latest news from Czech Republic

Czech Republic change VAT rate on newspapers and magazines

As of 1 March 2017 the VAT rate on newspapers and magazines will be reduced from 15% to 10% in the Czech Republic.

New reverse charge on the sale of telecom services in the Czech Republic

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… Read More

Czech Republic proposes VAT reverse charge mechanism on domestic supplies

As of 1 July 2017 the Czech Republic is proposing to introduce a new reverse charge mechanism on the domestic supplies of goods from non-resident businesses to Czech resident companies. The new reverse charge rule is set to replace the current requirement for businesses outside of the Czech Republic to get VAT registered when making… Read More