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Czech Republic: VAT measures effective 1 April 2019

Czech Republic: VAT measures effective 1 April 2019

Value added tax (VAT) measures included in the 2019 tax package generally have an effective date of 1 April 2019.

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Among the VAT measures in the new law are the following items:

  • There is a new requirement to report the date of supply on tax documents provided to the supply recipient and to determine the date of supply for lease-related services.
  • There is a new VAT requirement relating to “significant repairs” made to real property.
  • There are measures concerning the calculation of VAT and “tax rounding.”

VAT measures that concern leases generally are not effective until 2020 at the earliest, and this effective date may be extended. Also, VAT measures relating to building leases when at least 60% of the floor area is used for residential purposes may not be regarded as being subject to VAT; however, this VAT exemption will not be effective until 2021 at the earliest.


Read an April 2019 report prepared by the KPMG member firm in the Czech Republic

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