VAT news tagged as "Journals"

Czech Republic

Czech cuts newspaper VAT to 10%

December 17th, 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% …