The Czech Republic’s General Financial Directorate (GFD) has issued updated guidelines on applying value-added tax (VAT) for fuel cards.
Under the guidance, fuel card issuers can use the “commissionaire” model to act as a buyer and seller of fuel and claim full VAT deduction.
They must prove the transfer of ownership from the supplier to themselves and then to the cardholder, bear the risk of non-payment or defective fuel, and ensure the quality of the fuel.
Additionally, a written contract with the cardholder should be arranged.