The state and I


309712_web_R_K_B_by_RainerSturm_pixelio.deI like being a citizen. I have a high regard for the state, in which I live. I express my regard by fulfilling my duties, by paying the bill it sends me for its work on time and observing the laws it passes. I have a high regard for what it does, whether education, road building, security or health, to name only a few. Read More »

France – reduction of the VAT threshold for distance sales as from 1 January 2016 suggested


On 30 September 2015 the French government presented the draft of the Finance Act for 2016. The most interesting piece seems to be reduction of  the VAT threshold for distance sales made in France by a supplier established in another EU Member State from EUR 100’000 to EUR 35’000 (article 3 of the Bill).
This needs to be confirmed as the draft will be discussed in the coming months.

For further details please contact my colleague from PwC Geneva: Patricia More / patricia.more@ch.pwc.com / +41 58 792 9507

The first Czech virtual currency starts today!


Another virtual currency will be “borne” today (17 July 2014) at noon. A Czech Crown Coin (the abbreviation used by the authors is “CZC”) as it is called, will be established. The announced amount of coins is 100 million and the currency will be, similarly to other virtual currencies, mined. Read More »