Basics
What does VAT stand for?
A) Value Added Tax
B) Variable Applied Tariff
C) Value Approximation Tool
What is the standard VAT rate in CZ in 2025?
21%
VAT is considered what type of tax?
A) Direct tax
B) Indirect tax
C) Progressive tax
Who is primarily responsible for collecting VAT from end consumers?
A) Government directly
B) Producers
C) Businesses / Sellers
What is the VAT system based on?
A) Taxing final consumer only
B) Taxing each stage of supply chain
C) Flat business tax
Is VAT included in the price shown to customers in shops?
A) Yes, always
B) Only for food
C) No