06/11/2019 (Agence Europe) – Member States' ambassadors to the EU (Coreper) on Wednesday 6 November endorsed the EU Council decision authorising the Czech Republic to apply the generalized reverse charge mechanism for VAT between 1 January 2020 and 30 June 2022. This mechanism, which the country strongly supported, was introduced in 2018 (see EUROPE B12108A5). It consists of transferring the payment of VAT from the supplier to the final recipient of the goods concerned, thus...