The Czech Republic published Law 256 of 13 September 2019 in the Official Gazette on 9 October 2019, which includes amendments to the Act on Registration of Sales and the Value Added Tax Act. With regard to VAT, Law 256 includes the addition of the provision that for electronically supplied books, newspapers, magazines, periodicals, etc., the second reduced VAT rate (10%) will apply.
Law 256 also extends the second reduced rate (10%) to several supplies that are currently subject to the fi…