Czech Republic VAT applies at the standard rate of 21% to any supply of goods or services made in the Czech Republic other than:
• exempt supplies (see 10.45);
• reduced-rated supplies (see 10.48);
• supplies by non-taxable persons (see 10.49); and
• supplies not made by way of business (see 10.50).
Supplies of goods or services at the standard or reduced rates are known as 'taxable supplies'.
Taxable supplies are always declared by using of the tax rate applicable on the date of the tax liability.
The following are regarded
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