Draft change to the VAT Directive
The European Commission issued a draft Council Directive to amend the VAT Directive[1] with regard to applying VAT to coupons/vouchers. 1 January 2015 was suggested to be the effective date of the Directive.
The Directive is designed to introduce a harmonized VAT procedure for all types of coupons/vouchers to avoid inconsistencies that would result in double taxation or no taxation at all. Pre-paid telephone cards, gift vouchers, and discount coupons are the most common types of coupons/vouchers.
The Directive would introduce new, or alter the current, rules for applying VAT to coupons/vouchers and define categories of coupons/vouchers. The draft also defines the moment at which the duty to return tax on the coupons/vouchers is established (i.e. upon the sale of the coupon/voucher or upon taking advantage of the benefit granted thereunder).
[1] Council Directive 2006/112/EC, of 28 November 2006 on the common system of value added tax
Other articles
KŠB Partner Tomáš Sequens Speaks at the “Law and the Environment” Conference
Organized by Česká justice and Ekonomický deník at Truhlárna Karlín in Prague, the “Law and the Environment” conference brought together representatives from the government, the business sector, the professional community, and the legal profession to discuss the current challenges related to environmental protection, decarbonization, and the regulatory framework for doing business.
KŠB Provide Insight into the Legal Support for Smetana Litomyšl Music Festival
Our colleagues Sylvie Sobolová and Jana Guričová were interviewed by Jan Januš’s legalweb about the legal support for Smetana Litomyšl, one of the most important music festivals in the Czech Republic.
KŠB Sponsors 19th Annual Student Research and Professional Activities Competition at Charles University’s Faculty of Law
Kocián Šolc Balaštík was once again a partner of the Student Scientific and Professional Activities (SVOČ) competition at Charles University’s Faculty of Law. The awards ceremony for the 19th annual competition took place on June 11, 2026, with students, academics, and competition partners in attendance.
