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Czech News in English » Business » ČR combats VAT evasion on fuel

ČR combats VAT evasion on fuel

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The Czech Republic recently announced plans to amend the Fuel Act and the Trade Licensing Act ahead of the establishment of fuel distribution as a new licensed trade, in order to combat value-added tax (VAT) fraud said to amount to CZK 5 billion to CZK 8 billion annually.

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