31 July 2014
The Czech government is to introduce a second reduced VAT rate of 10% to be implemented by January 2015. The new rate will apply to pharmaceuticals, e-books and baby food products.
Alongside the 10% reduced rate proposal, there were also proposals for a 5% reduced rate and a VAT rate simplification (combining the standard rate of 21% with the 15% reduced rate to create a 17.5% VAT rate). However, these were rejected.
LATEST NEWS
France introduces €2 customs charge on a per item...
From 1 March 2026, France will levy a €2 “taxe sur les petits colis” charge on low‑value imports (under €150) brought into France from non‑EU...
SEE MORE
LATEST NEWS
EU confirms €3 flat rate customs duty on low value...
In February 2026, the Council of the EU formally approved the removal of the EU’s threshold‑based customs duty relief (the €150 de‑minimis) with effect...
SEE MORE
LATEST NEWS
Azerbaijan introduces mandatory VAT Registration for...
Azerbaijan has approved significant reforms to its VAT rules for non‑resident digital service providers, moving from a withholding‑based model to a...
SEE MORE