Summary of most important changes in VAT-code, effective from JAN 1st, 2010

2010-01-02 20:20
  • Increase of VAT rates: reduced rate from 9% to 10%; basic VAT rate from 19% to 20%
  • Changes to the place of supply rules for services (place of supply is based on where the customer is located or the service is consumed)
  • An additional obligation to make an Electronic Sales Listing report of cross-border services
  • Changes of 8th Directive Refunds applications method (refunds of Czech VAT paid by other EU member)
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