Income tax and VAT amendments

Journal
Trezziová, D.
Czech Republic
European Taxation 2001 (Volume 41), No. 2
FormatPDF
EUR
40
| USD
45
(VAT excl.)

Two important pieces of tax legislation came into effect as of 1 January 2001. Both amendments, to the Income Tax Act and to the VAT Act, have some significant international implications although they mainly affect the Czech tax position of local taxpayers. The most important changes to the acts are summarized in this note.