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The president has not signed the amendment of Act on the Value Added Tax which was supposed to transfer newspapers and magazines from the first to the second reduced rate. The draft law was returned to the Chamber of Deputies who will vote on it again. And therefore, even after 1st January 2017, newspapers and magazines are still subject to the first reduced rate. We will keep an eye on the future developments.
Lenka Kočerová | 8.10.2024
SAC: Liability of members of elected bodies for tax debts of a legal entity