Vat Act amendment
The VAT Act amendment, which forms a part of the Senate’s legal measure on amending certain tax acts in connection with the recodification of private law and which will become effective on 1 January 2014, contains a number of changes mainly of a legislative-technical character, in particular it brings the terminology of the VAT Act into compliance with the “recodification regulations”.
During the legislative process, certain lawmakers proposed amendments to the act that would mitigate administrative impacts on the system of a guarantee for outstanding VAT (this would not apply to taxable supply for which the consideration would not exceed CZK 700,000). Nevertheless, such proposals were not adopted and the guarantee rules will hence remain the same next year.
Other articles
Tomáš Sequens and Dana Jacková Discuss the Risks of the Proposed Amendment to the Building Act
KŠB partner Tomáš Sequens and counsel Dana Jacková recently spoke to specialist news platforms Česká justice and Ekonomický deník about the proposed amendment to the Building Act, which aims to accelerate and simplify the construction permitting process.
KŠB Supports Smetana Litomyšl’s Charitable Grand Finale
The 68th annual Smetana Litomyšl Festival closed this year with the Grand Finale – Italian Film Night, which took place under the patronage of our law firm. The Czech Radio Symphony Orchestra, conducted by Tomáš Brauner, performed celebrated film music by Nino Rota, Luis Enrique Bacalov and Ennio Morricone in the second courtyard of Litomyšl Castle, which was also broadcast live on ČT Art and Czech Radio Vltava.
Jan Lasák Speaks at Balkan Legal Forum 2026
KŠB partner Jan Lasák took part as a panellist at this year’s Balkan Legal Forum 2026, one of the leading conferences focusing on the legal market in Central and South-Eastern Europe.
