Czechia VAT Control Statement

If you have a Czechia subsidiary or nexus and you have the International Tax Reports SuiteApp installed in your NetSuite account, you can generate the VAT Control Statement for the Czechia, in English or Czech. To generate the report, go to Reports > VAT/GST > Tax Reports (International).

Important:

To generate the VAT Control Statement for Czechia correctly, use the tax code properties provided by the International Tax Reports SuiteApp. See Czechia Tax Codes.

NetSuite gets the values in the report from your transactions, but you may need to enter some data manually. It's important that you save a PDF file of the report for your own records because NetSuite can't audit manually entered data. For more information, see Generating VAT/GST Reports.

You should review all the values in the statement. To understand how NetSuite uses the tax codes to get the values for the Czechia VAT Control Statement, see What goes into each box – Czechia VAT report.

Important:

The NetSuite VAT/GST tax form is made to look like the official tax form for convenience. It's not intended to be printed and submitted to the tax agency. For the Czechia, NetSuite provides an XML file that you can manually upload to the tax agency portal for online filing. You should still review all the values in the report prior to submission.

Before you can generate a VAT Control Statements for Czechia, be sure to do the following:

• Set up the required Czechia tax reporting fields. Refer to the Czechia Tax Reporting Fields section for a list of the required fields.

• Complete the Tax Filing setup page. For information, see Setting Up Tax Filing for Czechia.

Czechia Tax Reporting Fields

Before you generate a VAT control statement, make sure you set up the following fields. These fields are added to transaction forms and item records:

• Code of Supply – This is found on an item record. This indicates the classification of the supply provided or received by the company.

• Regime Code of Supply –This is located on a transaction form. This indicates whether the transaction falls under a special VAT schedule or not.

• Date of Taxable Supply (DUZP, DPPD, DUP)– This is found on the Tax Reporting subtab of a transaction form. Enter the date of taxable supply here if it's different from the transaction date. If you leave this field blank, the transaction date will be displayed on the Czechia VAT Control Statement.

Important:

Make sure the Regime Code of Supply field is shown on customized transaction forms. By default, the Show box for the Regime Code of Supply field is checked in the custom form definition. Don't clear this box when you customize transaction forms.

To generate a VAT Control Statement

1. Go to Reports > VAT/GST > Tax Reports (International).

2. Select your Czechia subsidiary and click Supplementary.

3. Select VAT Control Statement, then select XML from the dropdown list.

For more information about generating VAT reports, see Generating VAT/GST Reports

Important:

Make sure that the tax period you select on the VAT Control Statement matches the tax period defined in your tax filing setup.

Related Topics

• VAT and GST Reporting Overview
• International Tax Reports
• Setting Up Tax Filing for Czechia
• Generating VAT/GST Reports
• International Tax Reports Best Practices
• Czechia Tax Codes
• Czechia VAT Report
• What goes into each box – Czechia VAT report
• What goes into each box — Czechia VAT Control Statement
• EU Sales List for Czechia

General Notices