We would like to briefly outline the recent case of the European Court of Justice (ECJ), which dealt with the sale and lease back of capital goods in terms of VAT. The ECJ dealt in the Case C-201/18 Mydibel SA with a question, whether there are from the VAT point of view two separate transactions or a single transaction, a financial transaction.
On April 1, 2019, an amendment to the Czech Income Taxes Act came into effect. This amendment imposes a new reporting obligation of taxpayers. Who does the obligation apply to?