Czech Republic Publishes Overview of Key VAT Changes for 2015

On 12 January 2015, the Czech General Tax Directorate published an overview of key amendments to the VAT Act that are in force from 1 January 2015. Key changes include:

• The introduction of the Mini One Stop Shop for VAT payers to register when supplying B2C telecommunications, broadcasting, and electronic services to individual persons located in the EU
• The introduction of the 10% reduced VAT rate for certain infant foods, certain pharmaceuticals including vaccines, books and certain other p…