Value Added Tax Control Report

An amendment to Act No. 235/2004 Coll., on Value Added Tax, came into effect on 1^st January 2016. This amendment introduces the obligation of the taxpayers to send a control report to the tax administrator.

A taxpayer, who is a legal person, is obliged to file a control report each month, namely within 25 days following the end of the respective month. A taxpayer, who is a natural person, is obliged to file a control report within the period for the submission of a tax return. The control report can be sent only in an electronic form, in the format and structure published by a tax administrator.

In case the taxpayer will not file the control report in the stated period, they will be obliged to pay a fine amounting up to CZK 50,000. In case the taxpayer seriously complicates or thwarts the tax administration, the fine amounting up to CZK 500,000 can be imposed.