- The Czech Republic has removed the 10% value-added tax (VAT) on books.
- Book publishers in the country are praising the legislators for this decision.
- The Czech Booksellers’ and Publishers’ Association released a market report showing a drop in book sales in 2022.
- The introduction of a zero-percent VAT rate on books is expected to support publishers and booksellers.
- The Czech Republic will be the guest of honor at the 2026 Frankfurter Buchmesse.
- Local publishing houses hope that the tax cut on books will improve the market situation.
- Grada Publishing, a Czech publishing house, reported a slight decrease in the number of sold copies in 2023 but an increase in revenue.
- The company believes that digital sales can contribute to its growth in the future.
Source: publishingperspectives.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.
Latest Posts in "Czech Republic"
- Czech Republic Enacts New VAT Rules for Unpaid Invoices Starting January 2025
- Czech Small Businesses Gain Flexibility with Quarterly VAT Returns Starting 2025
- Reminder: Submit 2024 EU VAT Refund Applications by September 30, 2025 Deadline
- VAT in the Czech Republic – Comprehensive up to date guide
- Czech Republic Updates VAT Deduction Rules for Unpaid Debts Effective January 2025