Michaela Merz


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Czech Republic – Local reverse charge mechanism as from 1 of January 2015 – updated list published


The list of commodities where reverse charge will be newly applicable was amended. Of interest are especially the exceptions. Exceptions in case of “raw or semi-processed metals” listed under the Customs Tariff nomenclature codes – Chapter 71 and Section XV should include (i.e. the local reverse-charge mechanism will not apply to) the following items: Continue reading


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Czech Republic – expansion of local reverse charge mechanism as from 1 January 2015


Photo_RGB_PC_48238.jpgPeople walking near parked cars on a street - PwCAmendment of the Czech VAT Act should be valid as from 1 January 2015.  The draft of the amendment is currently discussed in the second reading in The Chamber of Deputies. The list of the commodities that should be subject to local reverse charge will be governed by the governmental decree and is also currently under discussion.

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