Act No. 107 / 1990 Coll.
Act amending and supplementing Act No. 73 / 1952 Coll., on Turnover Tax
Valid
Effective from 01.05.1990
107
THE LAW
of 19 April 1990
amending and supplementing Act No. 73 / 1952 Coll., on Turnover Tax
The Federal Assembly of the Czechoslovak Federal Republic has decided on this law:
Act No. 73 / 1952 Coll., on Turnover Tax, is amended and supplemented as follows:
1.
Turnover tax ("tax ') is a tool for the division and redistribution of national income.'
2.
Tax payers
(1) The payers are:
(a) state undertakings, state economic organisations, associations with legal personality, public limited liability companies, commercial companies, state organisations of the Czechoslovak State Railways and specialised railway organisations, housing, consumer, production and other cooperatives, cooperative associations, the Central Council of Cooperatives, cooperative undertakings and single agricultural cooperatives, joint ventures, undertakings and economic facilities of social organisations;
(b) foreign trade undertakings, special-purpose foreign trade organisations, foreign trade associations, foreign equity undertakings;
(c) natural persons (entrepreneurs) registered in the company register;
(d) entities established abroad carrying out an economic activity in the territory of the Czechoslovak Federal Republic.
(2) The tax is also settled by some budgetary and other state-owned organisations and international organisations in the territory of the Czechoslovak Federal Republic, provided that this is provided for by the Federal Ministry of Finance in respect of entities within the competence of the Federation bodies and by the Ministry of Finance, Prices and Wages of the Czech Republic and by the Ministry of Finance, Prices and Wages of the Slovak Republic, if it is for other entities.
(3) Where the term "undertaking" is used, it shall mean the bodies referred to in paragraphs 1 and 2. "
3. The title of Section 3 reads as follows:
Subject matter of tax '.
4. In Paragraph 3 (1), the words "and import goods' shall be added after the words" own purchases'.
5. Article 3 (4) reads as follows:
"(4) Turnover from the sale of goods abroad is not subject to tax."
6. In Article 3, the following paragraph 5 is inserted after paragraph 4:
"(5) Imports of non-commercial goods are not subject to tax; It shall be subject to the rules on the circle. ';
7. In Paragraph 4, the following paragraph 2 is inserted after paragraph 1:
"(2) The sale price of goods carried out in the territory of the Czechoslovak Federal Republic in foreign currency is also a taxable turn."
8. In Paragraph 4, paragraph 2 is renumbered paragraph 3, in which the words "taxable turnover 'are replaced by the words" taxable turnover'.
9. § 5 is deleted.
10.
Determination of tax
The Federal Ministry of Finance shall determine the method of calculation of the tax in the Implementing Decree and the rates in the Sazemore for turnover tax. '.
11. Article 8 (1) reads as follows:
"(1) The undertaking is obliged to submit a report on turnover tax (hereinafter referred to as the" Financial Authority ') on the required form within the time limits laid down by the Implementing Decree. The undertaking shall provide explanations, corrections or additions to the report at the request of the financial authority.';
12. Article 8 (2) reads as follows:
"(2) The financial authority shall examine the report and, if the tax calculated by it pursuant to the report deviates, inform the undertaking of the difference. ';
13. in Paragraph 8 (3), the words "the district national committee" shall be replaced by the words "the financial authority," the words "tax" and "tax" shall be deleted and the words "the quarter" shall be added after the words "calendar month";
14.
"(4) The undertaking shall submit by 31 January at the latest after the end of the calendar year of the tax bill to the competent financial authority on the prescribed form, indicating the tax liability and the tax payments. The financial authority shall examine the accounts and, in the event of non-compliance, notify the undertaking within 30 days of the date on which the accounts are submitted of the differences between the accounts of the undertaking and the accounts of the financial authority. ';
15. Article 9 (1) reads as follows:
"(1) Undertakings are required to register with local competent financial authorities according to their registered office. The tax authority shall keep for tax purposes a register of undertakings in which it indicates the facts and context of tax matters. ';
16. in Article 9 (2), the words "the Regional National Committee" shall be replaced by the words "the Financial Authority"; the last sentence is deleted.
17.
Use of accounts
The accounting data shall also serve tax purposes. ';
18. Paragraph 12 repeals paragraph 1. Paragraphs 2 and 3 shall be renumbered paragraphs 1 and 2.
19. in Paragraph 13 (1), the words "district and county national committees" shall be replaced by the words "financial authorities" and the words "tax" shall be deleted.
20. In Article 13 (2), the word "residents' is replaced by" citizens' and the words "regional and regional national committees or the Ministry of Finance 'are replaced by" financial authorities'.
21. The title of Section 14 reads:
Penalties and tax increases'.
22. in Paragraph 14 (1), '0,05%' is replaced by '0,1%';
23. In Paragraph 14 (2), the word "tax" is deleted.
24. In Paragraph 14, the following paragraph 3 is added:
"(3) If the financial authority finds that the report was incorrect or incomplete, it shall be entitled to increase the reduced tax by 20%. If an undertaking finds that it is incorrect or incomplete and submits an additional report, the tax authority shall be entitled to increase the reduced tax by 10%. ';
25.
Tax enforcement
If the undertaking does not pay the tax within the deadline, the financial authority shall send the competent bank or savings bank a recovery order and inform the undertaking at the same time. This order shall be carried out preferably by the bank or savings bank. ';
26. Paragraph 17 (1) is deleted; the designation of paragraph 2 shall be deleted.
This Act shall take effect on 1 May 1990.
Havel v. r.
Dubček v. r.
CHF
1) Act No. 111 / 1990 Coll., on State Enterprise. Economic Code No. 109 / 1964 Coll., as amended. Act No. 104 / 1990 Coll., on Equity Companies. Act No. 68 / 1989 Coll., on the organisation of Czechoslovak State Railways. Act No. 94 / 1988 Coll., on housing, consumption and production cooperatives. Act No. 90 / 1988 Coll., on Agricultural Cooperatives. Act No. 42 / 1980 Coll., on Economic Relations with Foreign Affairs, as amended. Act No. 173 / 1988 Coll., on an enterprise with foreign equity participation, as amended. Act No. 105 / 1990 Coll., on the Private Business of Citizens.
2) Act of the Czech National Council No. 33 / 1970 Coll., on Financial Administrations. Act of the Slovak National Council No. 115 / 1970 Coll., on Financial Administrations.
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Regulation Information
| Citation | Act No. 107 / 1990 Coll., amending and supplementing Act No. 73 / 1952 Coll., on Turnover Tax |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 23.04.1990 |
|---|---|
| Effective from | 01.05.1990 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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