Reduction of VAT

Published: 31.12.2018 Related countries:  Egypt Egypt

For public transport lower VAT

 Senate approves reduction in VAT on fares to 10%

The Senate of the Czech Parliament has approved an amendment to the VAT Act, according to which, from 2019 onwards, fares on trains, buses or cableways will be subject to a lower rate of value added tax (VAT). Instead of the current 15%, it will be 10%.

Source: www.cianews.cz/en
Published by CzechTrade Cairo, Egypt