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Government approves directive on tax duty transfer

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On December 22, 2014 the government led by Bohuslav Sobotka (ČSSD) approved a directive specifying the extension of the tax duty transfer from dealers to customers. According to Michal Žurovec of the press department of the Ministry of Finance of the Czech Republic, the directive reacts on the amendment of the VAT Act. It applies to the delivery of selected goods of the total amount of the tax base exceeds CZK 100,000. The new regime will be applied as of April 1, 2015.

Source: cianews.cz

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