The EU has given final approval to a proposal that will allow member states
that have a problem with carousel tax fraud to apply a generalized reversal
of VAT liability.
This is something Czech Prime Minister Andrej Babiš has fought for for four and a half years on the argument that use of reverse charge could save the country around 80 billion crowns lost every year in unpaid VAT.
However Finance Minister Alena Schillerová said on Friday that it will take almost a year to get the respective legislation in place so that the ministry can introduce a generalized reversal of VAT liability in this country.
The EU member states who choose to do so will be able to use the generalized reverse charge mechanism only for domestic supplies of goods and services above a threshold of 17, 500 euros (around 450,000 crowns) per transaction and only up until June 30, 2022, when the outcome of the exemption will be reviewed.
Fifty-four percent of Czech households say they have no trouble meeting
their needs on their present income, according to the results of a poll
conducted by the CVVM agency. That is the highest number in 17 years when
polling on the subject first started.
Twenty-four percent of households consider themselves poor, which is two percent more than last year. Sixty-six percent of households do not consider themselves either rich or poor, but claim that they can meet their basic needs.
However only half of households have enough left at the end of the month to put money aside and a third say they cannot afford to support their elderly parents or go on foreign holidays.
The police have traced the man who drove a red Formula 1 car along the D4
highway between Příbram and Dobříš at the beginning of September.
Images of the formula car driving along the highway quickly became a hit on social networks, but the police have warned that such behaviour is a public hazard and the car did not fulfil the respective road requirements, having no registration number or headlights.
The forty-five-year-old driver faces a fine of up to 10,000 crowns and having his driver's license suspended for six months to a year.
The Chamber of Deputies has approved a bill that will enable Czech citizens
to communicate with state institutions electronically as of 2020.
According to the proposed law on digital services people will also no longer have to provide the same information to different institutions, and civil servants will be expected to seek it out themselves from electronic registers.
Paper forms will be preserved, mainly for the sake of senior citizens.
The bill still needs to be approved by the Senate and signed into law by the president. The process is expected to be smooth.
Communist Party deputy Zdeněk Ondráček is guilty of plagiarism,
according to Palacký University in Olomouc where he received a doctorate
eight years ago.
The university, which investigated the claims of plagiarism which appeared in the daily Mladá fronta Dnes in October, confirmed that in his dissertation work Ondráček used passages from other sources without citing them.
The results of the inspection also show that half of the text was compiled from available sources, which is in breach of the university’s academic code of ethics. Ondráček has refused to comment on the matter.
A number of events are being held around the Czech Republic starting this
Friday marking International Veterans Day, which falls on Monday, November
11. An ecumenical service will be held at the Church of St. John of Nepomuk
in Prague’s Hradčany district on Friday to honour the victims of armed
conflicts. There will also be a concert by the Czech Army Central Band at
Prague’s Rudolfinum concert hall.
On Sunday, the non-profit organisation Post Bellum will hold a remembrance day at the city’s Kasárna Karlín. The main event marking Veterans Day, a ceremony at the National Memorial on Vítkov Hill, will take place on Monday.
A sword dating back to the early Bronze Age has been unearthed in the region of Rychnov nad Kněžnou in north-east Bohemia, the Czech News Agency reported on Thursday. According to the archaeologist Martina Beková from the Rychnov museum, the weapon has an ornamental engraving and a very sharp blade. She estimates it was made sometime around the year 1200 B.C.
Czechs are more satisfied with their lives than the average EU citizen,
suggests a new poll released by the European Statistical Office, Eurostat,
The survey asked people across the European Union aged 16 and over how
satisfied they were overall with their lives on a scale from 9 to 10.
With an overall average of 8.1, inhabitants of Finland were the most satisfied with their lives in the EU, closely followed by Austrians, Danes and Poles. The Czech Republic finished in the tenth place with 7.5 points, just ahead of Germany, Spain and France. The average life satisfaction of EU residents increased from seven point in 2013 to 7.3 in 2018.
Over 1,000 skeletons discovered during renovation of Kutná Hora “bone church”
Language exams for foreigners seeking permanent residency permit to become tougher
Why are Russian and Chinese spying activities in Czech Republic so intense and how exactly do they do it?
Prague’s historical Koh-i-noor factory to be converted into residential area
The history of the “German Czechs”