The Czech Senate (upper house of parliament) approved the Bill on Amendments to the Value Added Tax Law on 11 December 2024, following its approval by the Chamber of Deputies (lower house) on 30 October 2024. Among other things, amendments are made regarding the VAT registration threshold, including: A taxable person with a registered office in the Czech Republic is required to register for VAT from 1 January of the calendar year if its turnover in the Czech Republic exceeded CZK 2,000,000 in the previous calendar year; and A taxable person with a registered office in the Czech Republic is...