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Value added tax

AS OF January 1, 2011, the basic rate of value added tax was increased from 19 percent to 20 percent. A reduced VAT rate of 10 percent on books and medicines was preserved.

AS OF January 1, 2011, the basic rate of value added tax was increased from 19 percent to 20 percent. A reduced VAT rate of 10 percent on books and medicines was preserved.

A reduced rate of 6 percent on certain foodstuffs sold from farms via so-called 'courtyard sales' was eliminated.


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Topic: Finances and Advisory


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