Indirect tax ebook - Czech Republic

As more and more goods and services are crossing national borders than ever before, an increasing number of clients face indirect taxation in countries, where their customers are based. The main indirect tax is value added tax (VAT). Although VAT has generally been harmonised within the European Union by various European commission directives, there are still a lot of different practises, habits and loopholes in the individual countries.

The highly specialised Czech Indirect tax team can help national and international clients with all compliance and advisory work in indirect taxes. The team works closely together with the colleagues from the other countries and also with the other tax services lines. We are committed to provide innovative solutions on a local and an international basis. In particular, we provide you with the following services

• VAT compliance
• VAT registration
• Preparation of all necessary VAT returns and notices; including reclaim procedures in accordance with EU Directives 8 and 13
• VAT due diligence and VAT review
• Assistance in tax inspections and appeal procedures
• VAT advisory
• Day to day advice
• Discussion with official bodies concerning the interpretation of tax rules
• Assistance in applying for an official ruling including interpretation of a ruling from a tax office
• Representation in court proceedings
• VAT planning
• Establishing VAT effective business structures throughout Europe
• Advice on mergers and acquisitions including VAT effective acquisitions structures.

The Czech International Indirect Tax team consists of specialised colleagues qualified as tax advisors. We serve almost all business sectors – building, transport, multi-level marketing and other distribution-structures, automotive, health and public sector etc.

We have indirect tax specialists in both our offices in Czech Republic, but our centre of competence for International Indirect Tax is located in Prague.

• Introduction
• Scope
• Registration
• Tax rates
• Reporting & filing
• General tax application/Time of supply