26.4.2012
News

VAT in the health care sector as of 1 April 2012

The General Financial Directorate (“GFD”) published information concerning the application of VAT in the health care sector starting 1 April 2012. The GFD specifies tax-exempt supplies and supplies to which reduced or basic tax rates apply in connection with the adoption of the Health Care Services Act and related acts[1].

Starting 1 April 2012, supplies constituting a health care service pursuant to the Health Care Services Act which are delivered by a duly licensed health care services provider and aimed at treating or protecting human health will be considered as tax exempt. To determine whether a supply is tax exempt, the purpose and target of the services shall be decisive. Examples of tax exempt and non-tax exempt supplies have been provided by the GFD. The GFD also emphasized that the method of payment for the services shall no longer be decisive for determining whether a specific supply is tax exempt or not.

[1] Act No. 372/2011, Coll., on Health Care Services, Act No. 373/2011, Coll., on Specific Health Care Services and Act No. 374/2011, Coll., on Health Care Rescue Service

Other articles

28.7.2025
News

Smetanova Litomyšl Comes to a Close with Music and a Message of Solidarity

This year’s edition of the Smetanova Litomyšl festival concluded with the concert Grand Finale – An American Story, held under the patronage of our firm. In addition to delivering a remarkable musical experience, the evening also served a charitable purpose: proceeds supported the Olga Havel Foundation (Výbor dobré vůle – Nadace Olgy Havlové), helping young people from disadvantaged backgrounds pursue their education.
8.7.2025
News

Advising J&T on the preparation of another bond programme – the Europacity Berlin project.

KŠB provided legal advice to its long-standing client, the J&T group, in connection with the preparation of another bond programme, this time related to the Europacity Berlin project. The base prospectus has already been approved by the Czech National Bank, and the first final terms have been prepared for an issue in the amount of CZK 3 billion. The advisory team at KŠB included Josef Kříž, under the partner supervision of Martin Krejčí. Vlastimil Pihera.
7.7.2025
News

A Distinguished June Visit to KŠB: Gisela Bergmann, Princess of Liechtenstein

Before the start of the summer holidays, we had the honour of welcoming an exceptional guest to our Prague office – Gisela Bergmann, Princess of Liechtenstein, CEO and managing director of Industrie- und Finanzkontor Ets., a leading Liechtenstein-based trust company with a long tradition and extensive experience in protecting family wealth and values.