Daň z přidané hodnoty s komentářem 2022 – Benda Václav (2021)

In this 14th updated edition of the commentary on the VAT Act, all changes to the VAT Act made in 2021 are reflected, with those effective from October 1, 2021 highlighted. The presented commentary is fully in line with the current interpretations of the General Financial Directorate and contains an overview of information, opinions, and communications from the GFD published up to the editorial deadline. Amendments to the VAT Act primarily respond to the adoption of legal regulations within the EU (amendment regarding electronic commerce and related measures effective from October 1, 2021) and, as usual, partly to insights from practice and tax administration, with some changes aimed at clarifying certain provisions in the interest of simplifying the text of the law and better application in tax practice. Adoption of amendments to other laws Some changes in the law respond to the context of the adoption of amendments to other laws, e.g., changes in income taxes regarding long-term assets (Act No. 609/2020 Coll. effective from January 1, 2021) and also to Act No. 527/2020 Coll., which amends Act No. 253/2008 Coll. on certain measures against the legalization of proceeds from crime and the financing of terrorism, as amended, and other related laws, related laws...