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Czech Republic Provides Temporary VAT Exemption on Electricity and Gas Supplies

26 October 2021

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Approved Changes

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Czech Republic

The Czech Republic has published Financial Bulletin No. 34/2021, which contains a decision providing a temporary remission (exemption) of VAT on supplies of electricity and gas in response to rising prices. The VAT remission applies where the taxable supply has been made or the consideration for which VAT has become chargeable has been received in the period from 1 November 2021 to 31 December 2021.