• Service: Tax, Global Indirect Tax, International Tax
  • Type: Regulatory update
  • Date: 8/13/2014

Czech Republic - Diesel excise tax; VAT on electronic services 

August 13: The Chamber of Deputies, at the third reading, approved:
  • An amendment to the excise tax (duty) law by re-introducing “green” diesel oil
  • An amendment to the value added tax (VAT) rules relating to the determination of the place of a taxable supply involving telecommunication services, radio and television broadcasting, and electronically supplied services

Another amendment to the VAT law (relating to the VAT rates) is currently ready for discussion before the Chamber and another one is in preparation.

Amendments to the income tax law and tax procedure rules have passed through the first reading, and there could be motions to amend this legislation raised at the second reading.

Read an August 2014 report prepared by the KPMG member firm in the Czech Republic: Financial Update (August 2014)

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