THIRD AMENDMENT TO VAT ACT ADOPTED
The last of three amendments to the VAT Act, which the Upper House sent back with objections to the Lower House in December, was revised, approved and published in the Collection of Laws under No. 360/2014 on 31 December 2014. Although further details about the amendments were included in previous issues of Tax News, we would like to note that the effective date of the temporary reverse-charge mechanism (“RCM”) was postponed to 1 April 2015 (to 1 September 2015 for sugar cane). Moreover, the effect of the changes regarding deliveries and leases of selected immovables was postponed to 1 January 2016.
Other articles
KŠB once again assists with ČEZ’s General Meeting
The KŠB team, consisting of Jana Guričová, Martin Kubík and Jan Lasák, led by Petr Kasík, provided legal support to ČEZ in connection with the preparation and conduct of its Annual General Meeting.
DNS – What Now Constitutes a Commonly Available Supply or Service
Professional literature has traditionally compared a dynamic purchasing system (DNS) to a standard online purchase. However, in its judgment No. 22 As 15/2025-65 of 12 May 2026, the Supreme Administrative Court significantly refined this understanding.
KŠB Advised J&T IB and Capital Markets on the 3M FUND MSI SICAV Bond Program
Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.
