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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