9.12.2008
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Amendment to VAT Act and Excise Tax Act
The Chamber of Deputies had a first reading of the governmental proposal to amend the VAT Act and the Excise Tax Act, which has been proposed to take effect from 1 December 2008.
The objective of this amendment is the implementation of Directive No. 2007/74/EC on the exemption of value added tax and excise duty of goods imported by persons travelling from third countries. The Czech Republic is directly bound by this directive and is obliged to procure full implementation thereof by Czech legislation with effect from 1 December 2008. Pursuant to the governmental proposal, goods with value up to Euros 430 are to be exempt from value added tax when imported by persons travelling from third countries.
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7.4.2025
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News
KŠB is the official partner of the Smetanova Litomyšl Festival
We are delighted to announce that we have become an official partner of one of the most important cultural projects in the Czech Republic – the Smetanova Litomyšl music festival. With the title “ the law firm of the festival", we are proud to be part of this long-standing social event that blends music with a unique historical setting.
