Representation during a tax audit

Stuchlíková & Partners has successfully represented its client in a procedure to resolve doubts concerning a tax return and in a tax audit by the tax authority. The client’s entire excess VAT deduction, amounting to several tens of millions of Czech crowns, was refunded.

Although the financial office met the deadlines when returning the VAT under the Tax Code and the VAT Act, we believe that these deadlines do not comply with the case law of the European Court of Justice and that our client could be entitled to the payment of late interest amounting to several millions of Czech crowns from the financial office (interest corresponding to the CNB’s repo rate plus 14%).