Guarantee for VAT
VAT guarantee postponed
The General Financial Directorate (“GFD”) published information on the Financial Administration’s website that for the time being it would not call upon taxable supply recipients to pay VAT that remained unpaid because the provider made the payment to a bank account that was not published in the relevant register. After 1 January 2014, tax administrators will address taxpayers for which the guarantee will be prescribed by law on the grounds mentioned above.
Originally, the guarantee was to be applied as of 1 April 2013.
The information above does not apply to other grounds for a guarantee and taxable supply recipients must still be cautious in that respect.
Guarantee for VAT - Payments in special cases
The GDF published information on the Financial Administration‘s website that concerns certain situations in which it is not possible to fulfill the legal condition of paying consideration for a taxable supply to the taxable supply provider’s account published properly by the tax administrator. Such cases include situations in which the taxable supply provider uses services of factoring companies or other receivable administrators or collectors or situations in which the payment for the supply is provided indirectly via a notary’s or attorney’s escrow or paid to an escrow account.
The GFD’s information also includes the conditions under which the guarantee will not be applied in the above-mentioned cases. The main condition is demonstrable documentation of the entire history of the payment of the taxable supply in question, i.e. from the taxable supply recipient via a third party to the published taxable supply provider’s account.
The GFD’s information also contains the conditions under which tax administrators will not apply a guarantee for outstanding VAT in the case of payments by payment card, payments in executor proceedings and insolvency and in the cases of associations and groups for VAT purposes.
Other articles
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
Evidence skutečných majitelů: Co přinese znepřístupnění od 17. prosince 2025?
Letošní rozhodnutí Nejvyššího soudu a Nejvyššího správního soudu navázala na rozsudky Soudního dvora Evropské unie, a, s platností i pro Českou republiku, konstatovala, že zveřejňování údajů v rámci evidence skutečných majitelů představuje nepřiměřený zásah do základních práv majitelů na soukromí a ochranu osobních údajů. Důležitým aspektem těchto rozhodnutí byl závěr, že sankce, které postihují povinné subjekty jako reakce na nesplnění jejich povinnosti zápisu do evidence skutečných majitelů, není možné vymáhat, dokud je evidence veřejná. Tato situace se změní 17. prosince 2025, kdy ministerstvo znepřístupní evidenci skutečných majitelů; povinným subjektům tak budou opět hrozit závažné sankce.
30th Advent Concert for the Committee of Good Will – Olga Havlová Foundation
This year again, during the pre-Christmas season, the Advent Concert of Good Will took place. Since 1995, it has been organised by the law firm Kocián Šolc Balaštík in support of the Committee of Good Will – Olga Havlová Foundation. This was already the 30th anniversary edition, made exceptional by the fact that we organised it for the first time together with our partner, Smetanova Litomyšl, as part of a broader mutual cooperation. As always, the concert was held in the concert hall of the Church of Sts. Simon and Jude in Prague’s Old Town.
