The Czech Financial Administration has issued a release on the implementation of new EU VAT rules on e-commerce in the Czech Republic with effect from 1 July 2021. This includes:
- New rules for distance sales in the EU, including the removal of prior distance sales thresholds of EUR 35,000 and EUR 100,000 and the introduction of a single threshold of EUR 10,000 for small-scale businesses;
- The extension of the One Stop Shop for compliance with VAT obligation in the EU and the introduction of …