Czech VAT rate may rise to nearly double
The Czech government plans to raise the value added tax's rate next year, if the economic growth will be slower than expected – said the Czech prime minister in a interview.
Petr Nečas told to the Hospodarské Noviny newspaper that VAT can be increased to 19 percent from the current 10 percent – some products, except for medicaments and books – can increase, if next year's economic growth will not reach 2.5 percent.
According to the datas; the Czech Republic's GDP growth on an annual basis was 2.2 percent in the second quarter – reports MTI.
Related news
Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >