Czech Republic Effectively Defers VAT Payment to October 2022 for Taxpayers in the Transport Sector
The Czech Ministry of Finance has announced a waiver of interest penalties on the late payment of VAT by taxpayers in the transport sector that effectively allows for the deferral of VAT payments until 31 October 2022. The deferral/waiver applies for VAT due for the monthly periods February to August 2022 and for the first and second quarterly periods in 2022. VAT returns for the respective pe…
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