Packaging Industry in the Czech Republic - New Market Report Now Available
VAT (value-added tax) was increased in the Czech Republic in January 2010, from 19% to 20%, including packaging. In January 2012, VAT on goods with a lower rate of 10% will increase to 14%. The lower, exceptional rates are applied to goods considered more important to consumers, such as food and pharmaceuticals. From 2013, there will be a standard VAT rate of 17.5% for all goods. These changes have been approved by the government and ratified in parliament, but they...
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