Latest news - January 2019
Last month’s tax and legal news in a few sentences.
•The financial administration informed that at the end of 2018, the parliament passed an amendment to the VAT Act proposed by the deputies, reducing the tax rate for the mass transport of passengers and their luggage, namely road transport (excluding ski-lifts) and water transport, from 15 to 10 per cent.
•The financial administration published Instruction D-39 setting uniform currency rates for the taxation period of 2018.
•The following items were published in Financial Bulletin No. 11/2018:
- a list of taxes and parts thereof for which tax authorities keep personal tax accounts
- A possibility to pay real estate tax by means of a collection from bank accounts (“SIPO”)
- Information on how to pay VAT in the Mini One Stop Shop regime
- Amendment No. 3 to GFD Instruction D-29, No. 94112/18/7100-20118-012287
- GFD Instruction D-29 on waiver of penalties for failure to file a VAT ledger statement, as amended by Amendment No. 3 (No. 111096/16/7100-20116-050484)
- a list of countries exchanging country-by-country reports under Section 13zb(2) of Act No. 164/2013 Coll., on International Cooperation in Tax Administration and on the Amendment to Certain Related Acts, as amended
- a list of contractual states applying the common standard for reporting and governing dates published under Section 13b (2), Section 13e (7), Section 13g (5) and Section 13p (2) and a list for the purpose of complying with the reporting duty under 13s (1) of Act No. 164/2013 Coll., on International Cooperation in Tax Administration and on the Amendment to Certain Related Acts, as amended.
•On its website, the Ministry of Labour and Social Affairs has published changes and news for 2019.
•On its website, the General Directorate of Customs provided information about an increase in the threshold for Intrastat reporting for both dispatching and receiving goods from the current CZK 8 million to CZK 12 million, starting 1 January 2019.