2013 Amendment to the Value Added Tax Act

The Czech Chamber of Deputies approved 19 December 2012 the amendment to Act No. 235/2004 Coll., on Value Added Tax.

 The amendment has been signed by the President of the Czech Republic, and the selected changes presented below come into force from 1 January 2013. At the same time the governing coalition’s proposal to increase the VAT rates by one percentage point, i.e. to 15% and 21%, is also effective from 1 January 2013.
You will find more information in our Tax alert below.