Mazars Tax View - September 2021

In the opening Article, we will remind you of the basic tax aspects of providing and receiving donations to eliminate or mitigate the effects of natural disasters in connection with the recent tragic events in South Moravia and the Ústí Region.

Furthermore, we are bringing you several articles on VAT. For example, we will inform you of the specifics and advantages of using an “intermediary”, the definition of which is introduced in the forthcoming amendment to the VAT Act or of the procedure in the case of VAT liability in the situation where the supplier is an unreliable payer.

We have summarised for you the information issued by the General Financial Directorate in connection with some uncertainties regarding the use of the newly introduced meal ticket contribution. In this issue, we will also take a closer look at the practical implications of the Act on the Registration of Beneficial Owners.