VATLive > Blog > VAT > Czech relives VAT liability rules on undisclosed bank account payments - Avalara

Czech relives VAT liability rules on undisclosed bank account payments

  • VAT
  • 07 April 2013 | Richard Asquith

Czech relives VAT liability rules on undisclosed bank account payments

The Czech tax authorities have suspended the potential VAT liabilities faced by customers making legitimate payments to suppliers with undisclosed bank accounts.

The tax authorities had been looking to impose an extra burden on the customers to ensure that the bank accounts they were paying into had been properly disclosed to the tax authorities by the supplier.  The tax authorities had made public a list of disclosed bank accounts on its website.  It was introduced in April 2013.  This was seen as a key measure to help reduce the incidences of Czech VAT fraud and undeclared payments.

This obligation has been suspended for 6 months until September 2013.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.