Czech cuts newspaper VAT to 10%

Sat 17th Dec 2016

The Czech parliament has approved a reduction of the VAT rate on newspapers and journals from 15% to 10%. The change will apply from 1 January 2017.

The cut is to provide a tax subsidy to an industry hit be declining sales. To qualify for the new rate, a paper must contain at least 50% or more of advertising.



Click for free Czech VAT info