The government's proposed tax on digital services is moving through Parliament just a few days after France announced it will step back from immediate implementation of its own very similar digital tax. The French decision to alter its approach came after the United States made it clear it would impose retaliatory tariffs.
Should all companies pay their fair share of tax? Yes. The combination of the EU Common Market and virtual goods make determining what is fair very complicated.
This year, taxpayers in the Czech Republic will spend 181 days working to pay taxes, which is one day more than last year; after final recalculation, it was 180 days in 2019. According to Deloitte’s calculations, Tax Freedom Day will fall on 30 June 2019. Approximately the same case as in the Czech Republic will apply to the UK and Norway. Taxpayers will have to spend the most days paying taxes to the government in Denmark, while the fewest in Romania and Bulgaria.
Today is the day when the United Kingdom (UK) leaves the European Union (EU). The leaving process officially started on March 29th, 2017 by activation of the Article 50 of the Treaty on European Union and the two parties (UK & EU) started to draft the agreement setting forth the Brexit terms and conditions (Brexit deal).
On its 25th anniversary, EMA - as a kind of a birthday present – published, in collaboration with Heads of Medicines Agencies, Big Data Taskforce Phase II report and 10 recommendations, which should unlock the potential of Big data in the healthcare segment.
Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.