After five years of efforts of the Czech government, EU Commission finally approved of the introduction of the generalised reverse charge mechanism in CZ for transactions exceeding EUR 17.500 in the end of last year. Based on the fact that the VAT Directive allows using GRCHM until June 2022 at the latest, and due to the lenghthy legislative process in CZ, Czech government is now seeking for that deadline to be extended by the Commission. If its efforts fail, it is quite improbable that the GRCHM will be introduced in CZ at all.
