The Czech Republic is considering consolidating the two reduced VAT rates of 15% and 10% into a single rate of 14% or 13%. The standard rate would remain at 21%.
nThe 15% VAT rate currently applies to certain books, medical products and foodstuffs.
nThe 10% VAT rate applies to certain pharmaceutical products, cultural events, catering and hospitality services.
nIf passed, the measure could go into effect in January 2024.
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