VAT on financial activities: Valid acts and current interpretations

We will safely guide you through the world of VAT for financial institutions. The focus of this course will be on tax legislation, the complicated and complex network of related interpretations by the tax authorities as well as the plethora of case law of the Court of Justice of the European Union. Real-life examples will form an integral part of the training.

No dates available. If you are interested in attending the training, please fill the form.

Who are the intended participants?

  • Managers of financial institutions responsible for strategic tax management and planning in general.
  • Tax specialists dealing with operative problems with the application of VAT to financial products.
  • Financial intermediaries.


  • Tax exemptions for financial services according to the Czech VAT Act and EU directives.
  • Key case law and the tax authority’s most important interpretations regarding tax exemptions for financial services.
  • Operations of banking institutions focused on:
    • provision of financing
    • receivables handling (loan portfolio transfers, factoring, etc.)
    • payment services
    • portfolio management
    • derivative trading.
  • Scope of tax-exempt insurance activities:
    • insurance/assurance contract portfolio transfers
    • liquidation and assistance services.
  • VAT in an investment fund environment.
  • Financial and operative leasing.
  • Outsourcing for financial institutions.
  • Intermediation of financial and insurance products.
  • Establishment of the right to deduct for financial institutions.
  • VAT groups – advantages and pitfalls.
  • Cost sharing in regards to VAT.


During the course, you will:

  • Gain an overview of current interpretations and the market’s approach towards exceptions of the application of VAT on financial services.
  • Become familiar not only with common products and transactions but also with non-standard operations which, inspired from abroad, are becoming more popular on the Czech market.
  • Practice your newly found knowledge on practical examples, making it easy to apply it to your day-to-day work.

Register for two or more training sessions from the INTEREST programme for financial institutions and get a discount.

  • Two sessions: 5% discount on the price of both sessions
  • Three sessions: 10% discount on the price of all sessions
  • Four or more sessions: 15% discount on the price of all sessions

VAT on financial activities: Valid acts and current interpretations

Course fee: 4 500,- CZK ex. VAT
I am interested in attending the training