Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

2nd June 2021 / Competitiveness / Tax & Finance


Coordination Committee: Is compensation for unconsumed goods subject to VAT?

The Czech Chamber of Tax Advisors has come up with a proposal to unify the interpretation regarding the application of VAT in situations when the customer compensates the supplier for expenses incurred by the supplier for material unconsumed upon the termination of manufacturing. The paper submitted for discussion to the Coordination Committee of the Chamber of the Tax Advisors and the General Financial Directorate mainly derives from the judgment of the Court of Justice of the EU in case C-295/17 MEO.
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27th May 2021 / Competitiveness / Education


Making an Impact

We as a school have connected with the organization UNICEF (United Nations Children's Fund) to help provide therapeutic food for malnourished children, as well as, family meals, medical supplies, or planting trees. Our ISB Primary students participated by watching and exercising to videos that UNICEF has created related to physical activity. The more students that watch the videos and exercise, the more help will be provided by UNICEF to those who need it.
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27th May 2021 / Competitiveness / Technology, R&D and Innovation


New pan-industry Eco Rating scheme launched for mobile phones

Eco Rating to roll out across Europe from June 2021, including phones from 12 vendors. Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone unveil new consumer labelling to identify more sustainable mobile phones Eco Rating to roll out across Europe from June 2021, including phones from 12 vendors  
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Members of the American Chamber of Commerce in the Czech Republic