Czech News - April 96 - Ministry Of Finance Instructions

INSTRUCTION NO. D - 141; EXCHANGE RATES FOR THE PURPOSES OF THE VAT ACT.

In connection with the New Foreign Exchange Act, the exchange rate announced by the Czech National Bank as of the date of a taxable supply is to be used for the conversion of relevant amounts into Czech crowns.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.