A new obligation to submit data, from particular tax documents which are already required to be recorded in the tax evidence by the VAT Act, has recentlt come intp effect. These data will be reported in the VAT Control Statement based on issued and received tax documents (including simplified tax invoices). Only taxable persons registered for VAT in the Czech Republic (with an assigned CZ VAT ID number) are obliged to submit the VAT Control Statement.
Transactions which must be declared in the VAT Control Statement include:
(Note: If none of the above mentioned transactions is carried out in the respective period, the VAT Control Statement shall not be submitted. Nevertheless, the obligation to submit a VAT return is not affected).
The first taxable period for which the VAT Control Statement has to be submitted is January 2016 or the first quarter 2016.
The VAT Control Statement has to be submitted electronically. The VAT Control Statement e-form is available on the website of the Financial Administration of the Czech Republic: www.daneelektronicky.cz
If a taxable person registered for VAT does not submit a VAT Control Statement within the due date, the following sanctions will be applied:
Nevertheless, if a taxable person registered for VAT seriously violates or obstructs the administration of VAT by not submitting the VAT Control Statement, the tax administrator can impose a sanction up to 500.000,- CZK depending on individual conditions.
Yourtaxes.cz - Taking care of your VAT control statement in the Czech Republic