Commentary

Time of supply (tax points)

10 Czech Republic
10 Czech Republic | Commentary

Time of supply (tax points)

10 Czech Republic | Commentary

Reporting obligations

Time of supply (tax points)

The time of supply is usually the earlier of:

  1.  

    •     the taxable supply taking place; or

  2.  

    •     the date payment is received.

For goods, the taxable supply is deemed to take place on the date that the goods are delivered to the customer.

For services, the time of supply is the earlier of the date that the services were undertaken or the date that the invoice was issued.

The following tax point dates apply to other types of supply:

PrepaymentsIf a payment is received before the goods or services are

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