The Czech Government will provide tax breaks in relation to the spread of the coronavirus diseas, which should help entrepreneurs to cope with the loss of income.

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.

Consensus no more?

79% of global executives describe international tax environment as “uncertain” 82% experienced tax authority challenges to their transfer pricing over the past three years Greatest impact of global tax reform to be felt in fundamental transfer pricing rules Accelerated upheaval across the international tax landscape spurred by tax reforms across the world as well as initiatives such as the OECD’s digitalization effort have led to unprecedented uncertainty among global tax executives. This is according to the EY Transfer Pricing and International Tax Survey 2019, which surveyed more than 700 senior tax and transfer pricing executives representing the Americas, Europe and Asia-Pacific.