A. Schillerová: e-VDO will be tool against tax evasion

(ČIA) The Ministry of Finance of the Czech Republic submits an amendment to the Act on Excise Duties to the external comment procedure. Its purpose is to transpose a European directive. The main adjustments include a more effective interconnection of customs regimes for excise duties with the tax system. The implementation also introduces pan-European electronic system e-VDO for monitoring goods in free tax circulation. Minister of Finance Alena Schillerová (for ANO) stated that e-VDO will be an important and more effective tool in the fight against tax fraud. She added that a fully electronic solution will also relieve the administration of entrepreneurs.



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