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HK ČR: VAT on unpaid invoices can be a big problem

(ČIA) Paying VAT on unpaid invoices can be a big problem for businesses. The Chamber of Commerce of the Czech Republic (HK ČR) said that the state should abolish this obligation in the current situation. The Chamber proposes to the government to introduce the cash principle of VAT payment, which allows for payments of VAT only for actually paid invoices.

 

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