The Czechs would raise the VAT rate on beer, there is great indignation

By: Trademagazin Date: 2023. 04. 11. 10:04

For the time being, there is a lively discussion in the five-party coalition about the plan of Czech Finance Minister Zbynek Stanjur, which would transform the entire tax system. Among other things, beer would also receive a higher VAT rate of 21 percent.

The changes could bring 24 billion crowns (1 crown = 16 forints) of extra income to next year’s budget. Stanjura’s goal is to have the tax law before the parliament by June, although the measures are the subject of debate in the government coalition. Prime Minister Petr Fiala stated that the plans published in the media are not final, according to Reuters, Világgazdaság reports.