The Czech Ministry of Finance has issued a release regarding the VAT rate for books. The release notes that the VAT rate for books is 10% in the Czech Republic and confirms that this rate has been extended to electronic books with effect from 1 May 2020. As previously reported, the extension of the 10% reduced rate was approved in October 2019 and also applies for electronically supplied newspapers, magazines, periodicals, etc., as well as certain other supplies.
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