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Consolidation of Reduced VAT Rates in Czech Republic Approved by Parliament

  • Czech Parliament approves consolidation of reduced VAT rates into a single 12% rate
  • Proposal includes moving newspapers to the new reduced VAT rate
  • Effective from 1st January 2024
  • Bill requires President’s signature and publication in Official Gazette to take effect

Source: meridianglobalservices.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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