The Czech Republic has published Financial Bulletin No. 10/2022, which repeals a decision issued in October 2021 that provided a temporary remission (exemption) of VAT on supplies of electricity and gas in response to rising prices. The VAT remission applied 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. It has since been determined that the original VAT remission decision was issued in violation of the Tax Code and EU law because it had been issued in terms of...