Czech Republic: SAC FOR THE SALE OF A BUILDING PLOT

In its judgment from last month, the Supreme Administrative Court (the “SAC”) re-examined (non-)building land for VAT purposes.

The SAC stated, among other things, that the intention of the contracting parties is essential for the categorisation of land as building land for the purposes of the VAT Act. However, this is not a subjective intention, but general indications leading to the conclusion that the subject of the supply is the delivery of land intended for development.

At the same time, the SAC confirmed that the zoning plan itself is a necessary administrative act for inclusion in the building plot. You can find more information in our new post. Read more…