value added tax

daň z přidané hodnoty

1. The standard rate of income tax was lowered to 30 per cent,whereas the raising of value added tax and other indirect taxes switched tax policy to focus on expenditure.(Bonito)

2. The savings included a proposed two-year wage freeze, an increase in value added tax (VAT) to 22 per cent, and savings in the health and social affairs budget.(BNCI)

3.  Tax measures included the introduction of value added tax (VAT) on goods and services, and a reduction in the rates of personal income tax --; part of the reforms in the taxation system agreed with the IMF.(BNCI)

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