Topic
14. 4. 2022 · Publications and newsletters
Sale and leaseback and VAT as of 1 April 2022Following CJEU case C-201/18 Mydibel, the Czech General Financial Directorate confirmed from 1 April 2022 that sale-and-leaseback is a single financing service for VAT purposes, not a supply of goods, so leasing…
17. 2. 2022 · Publications and newsletters
VAT and paybacks provided to health insurance companiesThe Coordination Committee confirmed a local distributor may reduce its VAT assessment base under Section 42 of the VAT Act for paybacks made to health insurance companies under risk-sharing deals with a…
7. 2. 2022 · Publications and newsletters
Importance of the Court of Justice of the EU’s judgments for VATThree 2021 CJEU judgments reshape VAT practice: tax offices must notify taxpayers of understated refund claims (C-396/20), states may impose default interest on VAT unpaid by a supplier (C-4/20), and swimming lessons…
3. 12. 2021 · Publications and newsletters
The Supreme Administrative Court annulled the obligation to pay additional VAT in the Czech Republic on the consideration for marketing services provided abroad in connection with the distribution of medicinal productsThe Czech Supreme Administrative Court annulled an additional VAT assessment on a pharma distributor, ruling that marketing services provided to a foreign group supplier were a separate supply from its VAT-taxed medicine…
22. 9. 2021 · Publications and newsletters
VAT updates in e-commerceAn amendment to the Czech VAT Act implementing the EU's e-commerce tax package lifts the VAT exemption for imports up to EUR 22, sets a EUR 10,000 EU-wide threshold for distance sales,…
26. 10. 2020 · Publications and newsletters
The court laid down a duty to pay VAT in the Czech Republic from the marketing services payment made abroad in connection with the distribution of medicinal productsThe Prague Municipal Court ruled that a Czech pharma distributor should have charged Czech VAT on marketing services paid by its Swiss headquarters, treating the fee as a third-party payment for the…
