Taxation in Czech Republic

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Czech churches are up in arms against Communist Party plans to tax billions in compensation being paid by the state in return for assets, mostly land, seized by the Communists during their Cold War rule.

The Czech government has failed to agree a common position on a controversial call to tax money being returned to churches in restitution. While the Social Democrats and Christian Democrats are opposed, ANO have angered coalition colleagues by backing the proposal.

This year looks like being a fairly crucial one for Czech Minister of Finance Andrej Babiš and his crusade against Value Added Tax (VAT) fraud in his home country and across the European Union. Babiš will step up his bid for Prague to be permitted wider powers to combat such fraud and has the backing […]

A Czech tax imposed in 2011 and 2012 on carbon emission allowances granted to companies for free breached a European Union directive, the European Union’s Court of Justice ruled on Thursday.

Czechs will celebrate Tax Freedom Day June 22 this year, three days earlier than last year, according to data released by company Deloitte today.

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