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Amendment to the act on value added tax

January 2009 - Tax & Private Client. Legal Developments by Alfery .

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An amendment to the Act on Value Added Tax was published in the Collection of Laws under No. 302/2008 on 19 August 2008. This amendment modifies the Act in more than 300 points. It comes into effect on 1 January 2009. The current regulations are used for application of the tax, as well as rights and responsibilities based on the law for the tax period prior to the effect of the amendment.

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