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Czech Republic to Introduce Intrasat-Like Domestic VAT Reporting

18 August 2014

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Approved Changes

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Czech Rep

From 1 January 2016, businesses registered for VAT in the Czech Republic will be required to file a return detailing taxable transactions with other business registered for VAT in the country. The requirement is similar to EU Intrastat filing requirements, under which EU taxpayers are required to report all sales and purchases with businesses resident in other EU Member States when certain thresholds (varies by country) are met.